SHANGHAI: Asian shares were mostly lower on Tuesday, in their last trading day of the decade as investors locked in profits after a buoyant year of gains, driven in recent weeks by hopes of an imminent US-China trade deal. European equity markets were expected to follow suit after losses on Wall Street Monday. FTSE futures were down 0.37 per cent at 7,508. But US stock futures showed some optimism ahead of Wall Street’s final session of the year, with S&P 500 e-minis up 0.12 per cent at 3,227.3. At about 0620 GMT, MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.46 per cent lower, set for its weakest performance since Dec. 4. For the month, the index is still up 5.6 per cent. The index has gained nearly 16 per cent this year, a sharp turnaround from a 16.2 per cent drop last year but lagging a 23.8 per cent year-to-date gain in MSCI’s global share index. The Asian index gained 33.5 per cent in 2017, about the same as its total rise over the previous decade. Australian shares ended their best year since 2009, 1.78 per cent lower, and Hong Kong’s Hang Seng finished down 0.46 per cent… Read full this story
- Asian shares mixed after US gains amid global uncertainties
- Asian shares waver as Hong Kong tensions spoil festive mood
- Asian shares climb on prospects of trade progress, low rates
- Asian shares retreat after Trump approval of Hong Kong bill
- Asian shares mixed following Wall Street tech-led rally
- Asian shares higher amid hopes for US-China trade deal
- Asian shares advance amid hopes for US-China trade deal
- Asian shares slide as Sino-US spat on Hong Kong clouds trade deal outlook
- Asian shares slide on weak Japan data; US markets closed
- Australian shares slip on miners, trade worries; NZ up
Asian shares slip as investors lock in gains from 2019 rally have 281 words, post on economictimes.indiatimes.com at December 31, 2019. This is cached page on CuBird. If you want remove this page, please contact us.