Free Trial

Most of the major Asia-Pacific equity........>

STOCKS
STOCKS: Most of the major Asia-Pacific equity indices have followed their Wall
St. counterparts higher. This came as the leaders of South & North Korea met and
struck a generally upbeat tone re: relations going forwards.
- The Nikkei 225 has added 0.5% with the telecoms & IT sectors leading the way
higher, aided by solid US tech earnings, while the industrial sector has
presented the biggest drag to the space.
- The upbeat round of US tech earnings has also supported the Hang Seng, which
has added 0.1%, with the energy sector leading the way higher as consumer
staples dragged.
- Mainland China stocks continued to underperform as the CSI 300 shed 1.0%.
- Australia's ASX 200 added 0.3%, as utilities & health care led the way, while
the financial sector was the only major sector to trade lower.
- The e-mini S&P lost 5 points, as the Dow shed 50 points.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.