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Free AccessRegional stock indices traded higher,........>
STOCKS: Regional stock indices traded higher, shaking off the losses seen on
Wall St.
- Japanese equities benefitted from a softer JPY as exporters led the way
higher, while financials were the biggest drag on the Nikkei 225. The index last
traded 0.75% higher as the afternoon session got underway.
- Hong Kong's Hang Seng moved higher as mainland China observed the final day of
the LNY period, although volumes were still below the norm. The index last
trades 0.9% higher with energy stocks leading the charge, while the consumer
discretionary sector is the only session in the red.
- The ASX 200 managed to post marginal gains as consumer staples & real estate
names overturned the continued pressure experienced by some of the mining
heavyweights.
- US futures also managed to post modest gains, with the mini S&P up 2 and the
mini Dow 12 points higher.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.