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Friday, December 06, 2019, 20:32
World shares advance after meager gains on Wall Street
By Associated Press
Friday, December 06, 2019, 20:32 By Associated Press

BANGKOK - Shares advanced in Europe and Asia on Friday after a wobbly session on Wall Street, as investors awaited a US government jobs report and kept an eye out for developments in China-US trade talks. 

Britain's FTSE 100 gained 0.5% to 7,171.45, while the CAC 40 in Paris advanced 0.3% to 5,819.55. Germany's DAX picked up 0.1% to 13,065.48. Wall Street looked set for a tepid start, with the future contract for the S&P 500 up 0.1% and the future for the Dow Jones Industrial Average gaining 0.2%. 

In Asian trading, Hong Kong's Hang Seng rose 1.1% to 26,498.37, while the Nikkei 225 in Japan picked up 0.2% to 23,354.40. South Korea's Kospi jumped 1.0% to 2,081.85, while the Shanghai Composite index added 0.4% to 2,912.01. Australia's S&P ASX 200 gained 0.4% to 6,707.00. Shares fell in India, where the Sensex lost 0.8%. 

Investors will be looking for clues into the state of the US economy from the Labor Department's November tally of hiring by nonfarm employers, to be released later Friday. Economists expect the unemployment rate to hold steady at 3.6%. 

Benchmark crude oil was unchanged at US$58.43 in electronic trading on the New York Mercantile Exchange. Brent crude oil, the international standard, gained 4 cents to US$63.43 a barrel. 

The dollar fell to 108.61 Japanese yen from 108.74 yen on Thursday. The euro was steady at US$1.1107.

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