Thursday 7 November 2019

Asian Shares Paused Near Multi-Month Peaks On Thursday

Asian shares paused near multi-month peaks on Thursday while bonds eked out a bounce as reports of delays in sealing a preliminary Sino-US trade deal left investors frustrated at the lack of concrete progress.

MSCI’s broadest index of Asia-Pacific shares outside Japan was a shade lower, just off a six-month high hit earlier in the week. Japan's Nikkei started in the red, having touched a 13-month top on Wednesday, while South Korean stocks were 0.3 percent down after hitting their highest since May.

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