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20 June 2017
European shares (The Total Investment & Insurance Solutions) |
European shares rose in early trading Tuesday and Japan's benchmark
finished higher, cheered by gains on Wall Street, but other Asian markets
dipped. The Total Investment &
Insurance Solutions
KEEPING SCORE: France's CAC 40 added 0.5
percent in early trading to 5,335.51. Germany's DAX rose 0.4 percent to
12,937.85. Britain's FTSE 100 added 0.3 percent to 7,547.11. U.S. shares were
also set to drift higher, with Dow futures edging up 0.1 percent to 31,474.
S&P 500 futures rose less than 0.1 percent to 2,448.40. The Total Investment & Insurance
Solutions
ASIA'S DAY: Japan's benchmark Nikkei 225
added 0.8 percent to finish at 20,230.41. Australia's S&P/ASX 200 edged
down 0.8 percent to 5,757.30. South Korea's Kospi was little changed, inching
down less than 0.1 percent to 2,369.23. Hong Kong's Hang Seng fell 0.3 percent
to 25,843.04, while the Shanghai Composite fell 0.1 percent to 3,140.01.
THE QUOTE: "The rally in U.S. markets
reflects a situation where investors are being given no reason to sell. By the
same token, valuations are full. Markets have been relatively capped,
struggling to re-establish a strong uptrend," said Ric Spooner, chief
market analyst at CMC Markets in Sydney.
CHINA WATCH: Investors were closely watching
the MSCI decision on China A-share inclusion to indexes, expected later in the
day. Speculation has been growing that MSCI might include Chinese shares in its
benchmark. The Total Investment &
Insurance Solutions
CURRENCIES: The dollar rose to 111.62 yen
from 111.12 late Monday in Asia. The euro fell to $1.1154 from $1.1194. The Total Investment & Insurance
Solutions
ENERGY: Benchmark U.S. crude added 10 cents
to $44.53 a barrel. It fell 54 cents to $44.43 per barrel overnight. Brent
crude, the international standard, rose 12 cents to $47.03 a barrel.The Total Investment & Insurance
Solutions
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