China Stocks See Best Week in 1 Month as Techs Lend Support
Friday, 10 August 2018 14:58 WIB |
MARKET UPDATE |SahamChinaIndeks Shanghai Composite
China stocks edged up on Friday to post their best week in a month, aided by strong gains in shares of technology companies.
The blue-chip CSI300 index ended 0.2 percent higher at 3,405.02 points while the Shanghai Composite Index closed flat at 2,795.31 points. For the week, CSI300 is up 2.7 percent while the SSEC gained 2 percent, both posting their best week since mid-July.
However, both the SSEC and CSI300 are down more than 10 pct since late May Technology shares have rallied after China said it has revamped a national leadership group charged with planning and studying its key technological development strategies, signalling a potential policy boost for home-grown tech firms. The tech-heavy start-up board ChiNextP rallied 2 percent this week, snapping a three-week losing streak.
Source : Reuters
Monday, 26 August 2019 15:28 WIB
Hong Kong stocks tumbled on Monday after US President Donald Trump and China ramped up their trade war with fresh tariffs, while investors were also spooked by more violent clashes between police and protesters in the city.
The Hang Seng Index fell 1.91 percent, or 499.00 points, to 25,680.33.
Monday, 26 August 2019 14:25 WIB
European stocks opened lower on Monday as investors reacted to the latest escalation in the U.S.-China trade war.
The pan-European Stoxx 600 fell about 0.5% during morning deals, with sectors and major bourses broadly in the red. U.K. markets are closed due to a bank holiday.
Sentiment was shaken ...
Monday, 26 August 2019 13:30 WIB
Tokyo's benchmark Nikkei index plunged more than two percent on Monday as the yen surged against the dollar on escalating US-China trade tensions.
The Nikkei 225 fell 2.17 percent, or 449.87 points, to close at 20,261.04, while the broader Topix index lost 1.61 percent, or 24.22 points, to 1,478.03...
Monday, 26 August 2019 10:17 WIB
Japanese shares shed more than 2% on Monday, with China-related firms leading the losses after a fresh escalation in the Sino-U.S. trade war knocked global equities markets.
The Nikkei share average fell as much as 2.6% to 20,173.76, its lowest level since Aug. 6, before ending the morning session ...
Monday, 26 August 2019 08:49 WIB
Hong Kong stocks dived more than three percent in the first few minutes of business Monday after Donald Trump ramped up his trade row with China, while the city was hit by fresh violent protests over the weekend.
The Hang Seng Index dived 3.27 percent, or 857.33 points, to 25,322.00 at the open.