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China Stocks End at More Than 1-yr High on Recovery Signs, Trade Talk Progress


Wednesday, 3 April 2019 15:22 WIB

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China stocks on Wednesday closed at their highest levels since March 2018, aided by more evidence of economic recovery and signs of progress in U.S.-China trade talks.

The blue-chip CSI300 index rose 1.3 percent, to 4,022.16 points, while the Shanghai Composite Index closed up 1.2 percent at 3,216.30 points.

Both indexes ended at their highest levels since late March 2018.

Activity in China's services sector picked up to a 14-month high in March as demand improved at home and abroad, a private business survey showed on Wednesday, adding to signs that government stimulus policies are gradually kicking in.

Source : Reuters


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