You are here

China: Shanghai stocks close up nearly 3% after holiday

ChinaStocks081015.jpg
Shanghai stocks ended almost three per cent higher on Thursday on returning from a week-long break, with dealers betting on more stimulus after authorities announced a series of measures during the holiday.

[SHANGHAI] Shanghai stocks ended almost three per cent higher on Thursday on returning from a week-long break, with dealers betting on more stimulus after authorities announced a series of measures during the holiday.

The benchmark Shanghai Composite Index jumped 2.97 per cent, or 90.58 points, to 3,143.36, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, surged 4.00 per cent, or 68.61 points, to 1,785.39.

AFPj

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom