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Asia stocks edge higher after vaccine hopes push Wall Street to record highs

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MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.17 per cent on Tuesday

The MSCI World Index of global shares which also hit a record high on Monday, ticked higher still in the Asian session.

Asia gains on Tuesday were led by benchmarks in Singapore and Indonesia which both rose around 1 per cent, while Hong Kong rose 0.1 per cent and Australia’s S&P/ASX 200 was up 0.23 per cent. S&P 500 futures dropped 0.44 per cent, European EuroSTOXX 50 futures fell 0.55 per cent and FTSE futures fell 0.4 per cent late in the Asia session.U.S. crude on Tuesday firmed 0.56 per cent to $41.57 per barrel after rising 3.02 per cent on Monday, and Brent gained 0.7 per cent after a 2.43 per cent jump the day before.

 

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