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Regional equities edged higher in the........>

STOCKS
STOCKS: Regional equities edged higher in the Asia-Pacific session as equities
breathed a sigh of relief after US yields failed to move higher.
- The Nikkei 225 last trades 0.5% higher after USDJPY moved back towards 107.00,
although foreigners have remained net sellers of Japanese equites for 6
consecutive weeks which could worry bulls. The consumer staples sector was the
sole sector to post losses, while energy and real estate names led the way
higher.
- Hong Kong's Hang Seng went in to the lunch break 0.9% higher with a similar
sectoral breakdown to Japan. While mainland Chinese stocks lagged the rally,
with the the CSI 300 finishing the morning session 0.1% higher after a fresh
liquidity injection from the PBoC outweighed worries surround the forced
regulatory takeover of Angbang Insurance.
- Australia's ASX 200 was up just shy of 0.9%. Once again consumer staples names
lagged, while materials led the rally.
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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