DJIA25628.90
LIVE-623.34(-2.37%)
NDX7465.00
LIVE-242.43(-3.15%)

China Stocks, Yuan Weaken On Trade War Escalation


Tuesday, 14 May 2019 15:21 WIB

SahamChina Indeks CSI


c_740_198_16777215_00_images_assets_CHINA_6SILO-CHINASTOCKS-052217-adobe.jpg

Chinese stocks closed weaker on Tuesday due to the escalating Sino-U.S. trade war, though prices recovered from early lows on suspected state-backed buying and comments from U.S. President Donald Trump that raised hopes of a deal between the two sides.

The Shanghai Composite ended 0.7% lower at 2,883.61 points, while the blue-chip CSI300 eased 0.6 %. Both indexes rebounded after opening down 1%, hovering in positive territory at times.

The recovery was aided by “national team” purchases, according to some analysts, referring to state-backed institutions.

Source : Reuters


RELATED NEWS

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.