Asian shares ride high as Clinton looks more likely to win

Asian shares ride high as Clinton looks more likely to win

Tuesday, November 08, 2016
Asian shares rose in early Asian trade on Tuesday ahead of the US presidential election, with investor sentiment buoyed by improving prospects for Democrat Hillary Clinton to win.

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.2 percent.

Japan's Nikkei rose 0.3 percent, aided both by the positive sentiment and a weaker yen.

The MSCI World index added 0.1 percent, building on Monday's 1.6 percent surge, its biggest single-day jump in almost 19 weeks.

US crude was flat at USD 44.87 a barrel, after advancing 1.9 percent on Monday, but concerns about the stronger dollar and doubts over OPEC's planned production cuts still weighed on sentiment.

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