Asia Markets End Week On Quiet Note As US Healthcare Bill Returns

Sumaira FH Published June 23, 2017 | 01:00 PM

Asia markets end week on quiet note as US healthcare bill returns

HONG KONG, , (UrduPoint / Pakistan Point News - 23rd Jun, 2017 ) - Asian markets limped into the weekend, with energy firms still struggling after a bruising few days, while investors eye Donald Trump's revised healthcare bill hoping its success will open the way for his economic agenda.

Crude enjoyed a rare positive day on Thursday after hefty selling that sent it to a 10-month low, but the gains were small change as concerns over a global supply glut and US production overshadow output cuts by OPEC and Russia.

The sharp losses -- oil is down around 25 percent from its recent highs seen in January -- has bloodied energy firms and, despite another pick-up in the commodity, they continue to struggle.

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