Asian stocks move slowly

Published: June 07, 2017 08:36:21 | Updated: October 21, 2017 23:47:01


Asian stocks moved slowly during the first hours of trading on Wednesday, according to the news agencies. 

MSCI's broadest index of Asia-Pacific shares outside Japan inched up 0.1 per cent, with Hong Kong and mainland China stocks leading the region higher.

“But investors remained noticeably risk averse, with gold and sovereign debt set for a second day of solid gains ahead of several major political and economic events later this week,” said a report of Reuters.

“With UK elections, a European Central Bank policy meeting where policymakers may take a less dovish stance, and former FBI director James Comey's Senate testimony all set for Thursday, market participants will be wary of making big bets,” it added.

Share if you like