DJIA27334.61
LIVE-24.55(-0.09%)
NDX7927.08
LIVE-39.85(-0.50%)

China stocks end lower as trade worries dent sentiment


Friday, 27 July 2018 14:33 WIB

SahamChinaCSI 300Shanghai composite


c_740_198_16777215_00_images_assets_CHINA_shanghaiserr.jpg

China stocks ended down on Friday, as investors were cautious amid concerns over the Sino-U.S. trade friction.

The blue-chip CSI300 index ended 0.4 percent down at 3,521.23, while the Shanghai Composite Index closed 0.3 percent lower at 2,873.59 points. For the week, SSEC was up 1.6 percent, while CSI300 gained 0.8 percent.

The United States signalled on Thursday it is set to push ahead on trade talks with Canada and Mexico after agreeing to suspend hostilities over tariffs with Europe in a fragile deal that may clear the way for renewed pressure on China. Chinese and U.S. envoys presented radically differing visions of Beijing's economic model at the World Trade Organization on Thursday, a choice between “the world’s most protectionist economy” and a growth story that has benefited all countries.

Around the region, MSCI's Asia ex-Japan stock index was firmer by 0.34 percent, while Japan's Nikkei index closed 0.56 percent higher. At 0702 GMT, the yuan was quoted at 6.8102 per U.S. dollar, 0.38 percent weaker than previous close of 6.7845.

Source : Reuters


RELATED NEWS

  • Hong Kong stocks ended higher on Tuesday in quiet trade as investors took a step back after recent gains, while looking ahead to the start of corporate earnings season. The Hang Seng Index added 0.23...

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.