DJIA25962.44
LIVE-173.35(-0.66%)
NDX7664.47
LIVE-54.85(-0.71%)

Shanghai Stocks Close at 13-Month High on Upbeat GDP Data


Wednesday, 17 April 2019 15:20 WIB

SahamChinaIndeks Shanghai Composite


c_740_198_16777215_00_images_assets_CHINA_Asian-stock-market-rally.jpg

Shanghai stocks rose to a 13-month closing high on Wednesday, as surprisingly firm data pointed to a recovery in the world’s second-largest economy.

The blue-chip CSI300 index was unchanged at 4,087.24, while the Shanghai Composite Index ended 0.3 percent higher at 3,263.12, its highest close since March 21, 2018. The Shanghai index had gained 2.4 percent on Tuesday.

China’s economy grew at a steady 6.4 percent pace in the first quarter, defying expectations for a further slowdown, as industrial production jumped sharply and consumer demand showed signs of improvement.

Source : Reuters


RELATED NEWS

  • Tokyo stocks fell on Wednesday, tracking losses on Wall Street as investors locked in profits following a three-session winning streak. The benchmark Nikkei 225 index slid 0.28 percent, or 58.65 poin...
  • Hong Kong stocks opened lower on Wednesday, extending the previous day's losses and tracking a negative lead from Wall Street as investors await news of developments in the China-US trade spat. The H...
  • Tokyo stocks opened lower on Wednesday following losses on Wall Street amid lingering trade war concerns and falls in Europe on the political crisis engulfing Italy. The benchmark Nikkei 225 index sl...
  • Hong Kong shares ended slightly lower on Tuesday after a four-day rally, with profit-taking offsetting fresh hopes for China-US trade talks. The Hang Seng Index slipped 0.23 per cent, or 60.30 points...

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.