TOKYO |
TOKYO (Reuters) – Asian shares hit their highest level in more than five months on Wednesday and the euro hovered close to an 8-week high as investors kept hopes alive for an agreement on details of a new Greek bailout package despite further delays.
Financial spreadbetters expected Britain’s FTSE 100, Germany’s DAX and France’s CAC-40 to open about 0.2-0.3 percent higher.
MSCI’s broadest index of Asia Pacific shares outside Japan, after a slow start, rose 0.9 percent to its highest in more than five months. The rise followed solid U.S. stocks overnight, which saw the Dow Jones Industrial Average touch its highest in 3 years and nine months, underlined by improved sentiment on recent above-forecast economic figures.
The Asian index has risen 13 percent this year, outpacing a 7 percent rise for Wall Street’s SP 500, but has been treading water much of this week as Greek talks dragged on.
Japan’s Nikkei rose to a three-month high above 9,000 and closed up 1.1 percent,
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