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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.
Chinese stocks set to end the week on a strong footing as Beijing restores investor confidence
Asian shares were set on Friday to snap a three-week losing streak, while investors awaited a key reading on U.S. inflation later in the day to gauge the outlook for U.S. rates. MSCI's... -January 25, 2024 at 09:12 pm EST - MarketScreener
Asian shares eased on Friday but looked set to snap a three-week losing streak, with market moves largely subdued as investors awaited a key reading on U.S. inflation later in the day to gauge the...
The yen fell broadly on Tuesday after the Bank of Japan maintained its ultra-loose monetary policy in a closely watched policy decision, matching market expectations. The Japanese... -January 22, 2024 at 10:50 pm EST - MarketScreener