Home Markets GLOBAL MARKETS-Asian shares rise after consumer confidence boosts Nasdaq to record high

GLOBAL MARKETS-Asian shares rise after consumer confidence boosts Nasdaq to record high

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SHANGHAI, June 30 (Reuters) – Asian shares rose and a gauge of global equities hovered near record highs on Wednesday after rising consumer confidence in economic recovery boosted the Nasdaq index to its highest-ever closing level.

MSCI’s global share index was set for a fifth straight month of gains on Wednesday. Its index tracking Asian shares outside Japan was set for a small monthly loss, but still on course for a fifth straight quarterly rise, its longest such streak since 2006-2007.

The Asian index was last up 0.33% on the day.

Chinese blue-chips added 0.1%, Australian shares were up 0.58% and set for a ninth straight month of gains, and Seoul’s Kospi rose 0.35%. Japan’s Nikkei edged up 0.06%.

Still, Steven Daghlian, market analyst at CommSec in Sydney, said that following the global run-up in equities, markets were “on edge” ahead of the release of U.S. non-farm payrolls data on Friday, the results of which could influence Federal Reserve…

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