China Stocks End Higher, Bolstered by Consumer And Healthcare Firms
Wednesday, 10 April 2019 14:40 WIB | MARKET UPDATE |SahamChinaIndeks Shanghai Composite

Chinese stocks recouped earlier losses to end higher on Wednesday, boosted by strength in consumer and healthcare companies.

The blue-chip CSI300 index rose 0.3 percent, to 4,085.85, while the Shanghai Composite Index closed up 0.1 percent at 3,241.93 points.

Both indexes had lost ground in early trading amid worries over global economic growth.

The global economy is slowing more than expected and a sharp downturn could require world leaders to coordinate stimulus measures, the International Monetary Fund said on Tuesday as it cut its forecast for world economic growth this year.

Sector performance was mixed for the day, with gains in consumer and healthcare firms offsetting losses in other sectors.

Source : Reuters

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