HONG KONG (Nikkei Markets) -- Asian facebook/" target="_blank">shares edged higher on Monday as risk appetite improved after pro-European Union candidate Emmanuel Macron won the first round of French elections. The Hang Seng Index was 0.2% lower at 23,995.55 in Hong Kong, reversing an earlier advance of 0.7%. Nikkei Markets provides wide companies coverage in the region, including the Nikkei's Asia300 companies. The outcome puts him head-to-head with far-right leader Marine Le Pen in a May 7 runoff, a relief to investors who were worried about a possible final battle between Le Pen and far-left candidate Jean-Luc Melenchon, both of whom are seen as anti-EU. We therefore cut our estimate of the probability of a Le Pen victory from 40% to 25%."
according to
TOKYO (AP) — Asian stocks were mixed Monday as investors weighed the results of the first round of the French presidential election. FRENCH ELECTION: After the weekend vote, centrist Emmanuel Macron and far-right populist Marine Le Pen are advancing to a runoff in France's presidential election. The first round election result was very much in line with earlier poll results," Margaret Yang Yan, market analyst at CMC Markets Singapore, said in a commentary. CURRENCIES: The dollar recovered to 110.04 yen from 109.09 yen late last week in Asia. Hong Kong's Hang Seng lost 0.1 percent to 24,016.23, while the Shanghai Composite fell 1.6 percent to 3,123.80.
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collected by :Jack Luxor
according to
TOKYO (AP) — Asian stocks were mixed Monday as investors weighed the results of the first round of the French presidential election. FRENCH ELECTION: After the weekend vote, centrist Emmanuel Macron and far-right populist Marine Le Pen are advancing to a runoff in France's presidential election. The first round election result was very much in line with earlier poll results," Margaret Yang Yan, market analyst at CMC Markets Singapore, said in a commentary. CURRENCIES: The dollar recovered to 110.04 yen from 109.09 yen late last week in Asia. Hong Kong's Hang Seng lost 0.1 percent to 24,016.23, while the Shanghai Composite fell 1.6 percent to 3,123.80.
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collected by :Jack Luxor
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