You are the news now

THE NEWS COMMENTER

Screenshot Reuters.com
VOTE  (0)  (0)

Asia shares camp on high ground, oil up on Libya shutdown


Added 01-19-20 08:03:01pm EST - “Asian shares neared a 20-month top on Monday as Wall Street extended its run of ...” - Reuters.com

CLICK TO SHARE

Posted By TheNewsCommenter: From Reuters.com: “Asia shares camp on high ground, oil up on Libya shutdown”. Below is an excerpt from the article.

SYDNEY (Reuters) - Asian shares neared a 20-month top on Monday as Wall Street extended its run of record peaks on solid U.S. economic data and lashes of liquidity from the Federal Reserve.

Oil prices jumped as oilfields in southwest Libya began shutting down after forces loyal to Khalifa Haftar closed a pipeline, potentially reducing national output to a fraction of its normal level.

Early turnover in Asian shares was light with U.S. stock and bond markets closed for the Martin Luther King Jr. holiday.

MSCI’s broadest index of Asia-Pacific shares outside Japan firmed 0.1%, after notching its highest close since June 2018. Japan’s Nikkei added 0.2% to be near its highest in 15 months.

Australia’s main index scored another all-time peak and South Korea was near its best level since October 2018. E-Mini futures for the S&P 500 edged up 0.1%.

Read more...

Anonymous comments are welcome, just check the "Comment Anonymously" box before submitting your comment. Note: Comments are free and open until someone ruins it. Don't dox, promote violence, etc. Be nice and have fun.

CLICK TO SHARE

BACK TO THE HOME-PAGE