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China Stocks at Highest in 2 Weeks as C.Bank Seeks to Stabilize Yuan


Monday, 27 August 2018 14:54 WIB

SahamChinaShanghai compositeCSI 300 Blue-Chip


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Shares in China ended at two-week highs on Monday, lifted by a stronger yuan after a tweak in the central bank’s management of the currency boosted airline stocks and other firms with heavy dollar exposure.

The Shanghai Composite index closed up 1.9 percent at 2,780.90, its biggest daily percentage gain since August 7.

China's blue-chip CSI300 index ended 2.4 percent higher, while the financial sector sub-index rose 1.7 percent.

The consumer staples sector gained 3.9 percent, while the real estate index was up 4.2 percent and the healthcare sub-index rose 3.9 percent.

Source : Reuters


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