Tuesday 3 July 2018

IN FINANCIAL MARKETS | IDEALSTOCK

Asian shares dropped in tentative morning trade on Tuesday as sentiment remained fragile in the face of tense trade relations 
Japan’s Nikkei average was little changed, but in China, the Shanghai Composite shed 0.23 per cent. The Shanghai bourse hit more than two-year lows on Monday. 
Nifty index futures on the Singapore Stock Exchange indicated a flat to positive start for Ideal Stock
Wall Street ended higher on Monday after a choppy session. The Dow rose 0.15 per cent, S&P500 gained 0.31 per cent and the Nasdaq Composite 0.76 per cent. 
Oil prices climbed on Tuesday after Libya declared force majeure on significant amounts of its supply. Brent crude futures traded at $78.06 a barrel, while WTI crude futures rose 1 per cent to $74.69.

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