Precise Investors

Stocks & Shares

Asian shares lower after almost two-year high

Asian shares turned lower on Thursday after earlier briefly nudging up to almost two-year highs, while the dollar benefited from the waning expectation that the European Central Bank (ECB) was poised to end its easy policy.

MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.3%, stepping back from morning trade when it nudged close its loftiest levels since June 2015.

Australian shares firmed 0.3%, helped by an overnight gain in oil prices. Strong energy shares had helped the US S&P 500 end higher overnight.


This article is for information purposes only.

Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.

There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

Leave a Reply

eighteen + nineteen =