Asian Shares Extend Gains on Trade Deal Hopes, U.S. Job Boost
Monday, 4 November 2019 07:56 WIB |
MARKET UPDATE | Indeks MSCI Asia PasifikSaham Asia
Asian shares rose to 14-week highs on Monday as growing optimism over U.S.-China trade talks and upbeat U.S. job data boosted global investors™ appetite for riskier assets.
MSCI™s broadest index of Asia-Pacific shares outside Japan was up 0.2% in early trade, having earlier touched its highest level since July 29.
Australian shares were up 0.2% and Seoul™s Kospi added 0.9%. Markets in Japan were closed for a holiday.
The United States and China both said on Friday that they had made progress in talks aimed at defusing their protracted 16-month-long trade war, and U.S. officials said a deal could be signed this month.
Source : Reuters
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