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The major regional equity mkts mostly........>

STOCKS: The major regional equity mkts mostly traded a touch higher in Asia-Pac
hours, after President Trump provided a gesture of goodwill to China in the form
of a 2-week delay re: the next round of tariffs to be levied on Chinese goods.
- The positive lead from Wall St. also helped with U.S. equity index futures
extending on Wednesday's gains in Asian hours. The e-mini S&P now sits within 20
points of its all-time high (based on a continuation chart) making further
inroads above the 3,000 level.
- The Hang Seng underperformed after yesterday's outperformance that some
attributed to (incorrect) rumours suggesting that the HK Chief Exec was set to
grant further concessions to the protestors demands. In terms of stock
specifics, the HKEx struggled on the back of its offer to purchase the London
Stock Exchange, while various source reports suggested that AB InBev is testing
the waters re: the HK IPO of its Asia-Pac unit, after the previous effort was
cancelled in the late stages just a few short months ago.
- Nikkei 225 +0.9%, Hang Seng -0.4%, CSI 300 +0.5%, ASX 200 +0.2%.
- S&P 500 futures +11, DJIA futures +117, NASDAQ 100 futures +44.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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