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The major Asia-Pacific indices failed to.....>

STOCKS: The major Asia-Pacific indices failed to latch onto the risk on move
seen late in the U.S. on Friday, operating in mixed fashion.
- The Nikkei came under pressure from Friday's move lower in the USD/JPY cross,
last trading 0.2% softer as the consumer staples sector added the most weight.
- The Hang Seng added around 0.5%, as the IT sector led the way. - Chinese
stocks erased early gains, with the CSI 300 last dealing 0.2% lower after an
early relief rally on the latest round of U.S./China trade war headlines from
Friday faded.
- Australia's ASX 200 managed marginal gains with the materials sector leading
the charge, while consumer staples floundered after retailer Woolworths revealed
that Q1 sales growth slowed and its FY net income missed exp.
- U.S. index futures registered modest gains.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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