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STOCKS
STOCKS: The equity space's path of least resistance has been to the upside
during a holiday thinned Asia-Pac session, in the wake of Wall St.'s recovery
from lows on Monday and the uptick in crude prices.
- Elsewhere, Hong Kong benefitted from the city's Chief Exec pointing to looser
social distancing measures, although she was non-committal on the timing of such
a move, suggesting that it will come ASAP.
- The bounce in crude prices allowed Australia's energy sector to outperform,
while Qantas moved higher after it successfully secured a fresh round of debt
financing, allowing it to refrain from tapping equity markets.
- Hang Seng +0.5%, ASX 200 +1.0%.
- S&P 500 futures +19, DJIA futures +184, NASDAQ 100 futures +60.
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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