China: Stocks lower in morning trade
[SHANGHAI] Chinese stocks eased in morning trading on Friday before a long holiday weekend, taking a break from a recent rally driven by expectations of more monetary easing, dealers said.
The benchmark Shanghai Composite Index fell 0.80 per cent, or 30.72 points, to 3,795.06.
The Shenzhen Composite Index, which tracks stocks on China's second exchange, slid 0.37 per cent, or 7.66 points, to 2,035.37.
The Hong Kong stock market was closed on Friday.
AFP
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Sri Lanka’s economy expected to grow 3% in 2024, central bank says
Yellen says US can bring inflation down without hurting jobs
US dollar briefly falls versus yen after GDP data
US weekly jobless claims unexpectedly fall
US economic growth slows more than expected in Q1
Malaysia ex-PM Mahathir facing anti-graft probe in a case involving his sons