Shanghai stocks retreat from 13-month high on profit-taking
Thursday, 18 April 2019 14:34 WIB |
MARKET UPDATE |Indeks Shanghai Composite Bursa China
Shanghai stocks retreated from a 13-month closing high to end lower on Thursday, as investors locked in gains following a strong rally underpinned by signs of an economic rebound.
The blue-chip CSI300 index ended 0.4 percent weaker at 4,072.08 points, while the Shanghai Composite Index closed 0.4 percent lower at 3,250.20 points.
China™s economy grew at a steady 6.4 percent pace in the first quarter, data showed on Wednesday, defying expectations for a further slowdown, as industrial production jumped sharply and consumer demand showed signs of improvement.
The stock market, which has priced in economic stabilisation, has surged roughly 30 percent so far this year. However, investors kept a cautious stance as they looked for further clues on the health of the global economy.
Thursday, 19 September 2019 20:48 WIB
Stocks opened slightly higher Thursday, with tech shares leading gains.
The Dow Jones Industrial Average rose 73 points, or 0.2%, to 27,220, while the S&P 500 gained 8 points, or 0.3%, to 3,015. The Nasdaq Composite was up 32 points, or 0.4%, at 8,209.
Shares of Microsoft Corp rose 1.9% to lea...
Thursday, 19 September 2019 19:03 WIB
U.S. stocks on Thursday were seen slipping as Wall Street digests the second successive rate cut of 2019 by the Federal Reserve that is intended to forestall sluggish global growth and harmful trade clashes. However, the central bank failed to signal a commitment to further interest-rate reductions....
Thursday, 19 September 2019 15:38 WIB
Hong Kong stocks fell for a fourth day in a row Thursday after the Federal Reserve cut interest rates but investors were left guessing about the possibility of more reductions this year.
The Hang Seng Index slipped 1.07 percent, or 285.17 points, to 26,468.95.
But the benchmark Shanghai Composite ...
Thursday, 19 September 2019 14:35 WIB
European stocks were slightly higher Thursday morning, after the U.S. Federal Reserve cut interest rates as expected but signaled a higher threshold to further policy easings.
The pan-European Stoxx 600 was up around 0.15% at 390.06 during early morning deals, with most sectors and major bourses in...
Thursday, 19 September 2019 14:25 WIB
The Shanghai Composite Index rose for the second day, climbing 0.5 percent, or 13.62 to 2,999.28 in Shanghai.
People's Insurance Co. Group of China contributed the most to the index gain, increasing 1.9 percent. Shanghai Feilo Acoustics Co. had the largest increase, rising 10.1 percent.