TOKYO, March 27 Japanese stocks advanced today as the yen sagged to its weakest since 1990, but Chinese markets slippedand regional stocks overall lacked strong direction in a.
Futures contracts for Hong Kong’s Hang Seng Index fell, indicating a third daily decline for the index, which has faced volatile trading this week as China attempts to stem the country’s equity market slump. Prior efforts to arrest market declines, notably in 2015, may not work this time around, investors warn.
Chinese stocks looked set to end the week on a strong footing as a wave of policy support from Beijing restored fragile investor confidence and put a floor under its sliding stock market. The blue-chip index rose 0.03% and was eyeing a 2% weekly gain, while the Shanghai Composite edged 0.3% higher, putting it on track for a 3% weekly rise, its largest since July 2023.
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