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You are here: Home / CORRECTED-GLOBAL MARKETS-Asian shares slip as investors lock in gains from 2019 rally

CORRECTED-GLOBAL MARKETS-Asian shares slip as investors lock in gains from 2019 rally

(Corrects to remove references to DAX and Euro STOXX 50 futures, which are not trading) * MSCI Asia ex-Japan -0.45%, up nearly 16% on year * European shares tipped to fall at open * U.S., China expected to sign deal soon – White House officials * China Dec manufacturing activity better than expected * Asian stock markets: tmsnrt.rs/2zpUAr4 By Andrew Galbraith SHANGHAI, Dec 31 (Reuters) – 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 U.S.-China trade deal. European equity markets were expected to follow suit after losses on Wall Street Monday. FTSE futures were down 0.37% at 7,508. But U.S. stock futures showed some optimism ahead of Wall Street’s final session of the year, with S&P 500 e-minis up 0.12% at 3,227.3. At about 0620 GMT, MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.46% lower, set for its weakest performance since Dec. 4. For the month, the index is still up 5.6%. The index has gained nearly 16% this year, a sharp turnaround from a 16.2% drop last year but lagging… Read full this story

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CORRECTED-GLOBAL MARKETS-Asian shares slip as investors lock in gains from 2019 rally have 259 words, post on www.reuters.com at December 31, 2019. This is cached page on CuBird. If you want remove this page, please contact us.

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