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Chinese linked stocks garnered the most......>

STOCKS
STOCKS: Chinese linked stocks garnered the most attention in the region on
Wednesday.
- Reports late on Tuesday suggested that MSCI is considering increasing the
weight of China's A shares in its indices. This came after Bloomberg reported
that FTSE Russell is set to announce China A-Share inclusion in its relevant
indices at some point this week. This allowed the CSI 300 to added 1.6%, with
the Hang Seng adding a similar amount as Hong Kong returned from a market
holiday.
- Elsewhere the Nikkei 225 added 0.1% as USD/JPY stalled around Y113.00. The
energy & consumer staples sectors provided the largest gains, while utilities
and financials applied the most weight.
- The ASX 200 added 0.2% with the energy and materials sectors amongst the
largest gainers, while financials continued to lag, weighing on the index.
- U.S. index futures registered modest gains.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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