The Chinese stock market closed at maximum in more than seven months on Monday (15), led by shares of financial and real estate sectors, as investors bet that disappointing economic data for July will encourage Beijing to release new stimuli.
the high CSI300 index, which includes the largest companies listed in Shanghai and Shenzhen, was 3%, while the Shanghai index rose 2.45%. Both indices reached maximum since the beginning of January.
The MSCI index, which includes shares of Asia-Pacific region excluding Japan, recovering from losses seen earlier and up 0.26% on Monday at 7:45 AM.
the index reached the maximum of one year, with the high in the Chinese market helping to offset the news that Japan’s economic growth was almost stopped in the last quarter, while oil prices came up.
the need for new shares in Japan was highlighted by weak reading of economic growth in the second quarter, leading the Nikkei to a drop of 0.3 percent.
TOKYO, the Nikkei index fell 0.30% to 16,869 points.
In HONG KONG, the HANG SENG index rose 0.73% to 22,932 points.
In SHANGHAI, the SSEC index gained 2.45% to 3,125 points.
the CSI300 index, which includes the largest companies listed in Shanghai and Shenzhen, advanced 3.01% to 3,393 points.
in Seoul, the KOSPI index did not work.
TAIWAN, TAIEX index recorded low of 0.02% to 9,148 points.
in SINGAPORE, the STRAITS TIMES index depreciated by 0.01% to 2,867 points
SYDNEY S & amp index;. amp; P / ASX 200 advanced 0.16% to 5,539 points
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