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Asian shares in November post biggest monthly gains in 10 months


(Reuters) - Asian shares posted their biggest monthly gain in 10 months in November on hopes U.S.-China trade tensions would ease and on expectations of fewer U.S. rate hikes in the coming quarters.The MSCI Asia-Pacific index gained 2.74 percent last month, its biggest monthly gain since January. Share markets in Hong Kong, India and Indonesia led the region with gains of 6.1 percent, 4.7 percent and 3.9 percent, respectively.Investors were expecting the Trump-Xi meeting in the G20 summit to provide some breakthrough in the trade talks and increased their bets on regional equity markets. In ...

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First Published: Mon, December 03 2018. 13:55 IST