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Free AccessRegional equities edged higher in the........>
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.
To read the full story
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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.