Chinese Stocks Dismiss Coronavirus Fears
China stock indices rose on Friday dismissing coronavirus fears, supported by the hope that the government measures to curb the outbreak of coronavirus and easy economic stress will continue to support equity markets. The Shanghai Composite Index rose 0.4%. The blue chip index CSI300 gained 0.7% erasing almost 95% from the recent sell-off. As for the weekly gains, Shanghai Composite index has increased by 1.4%, CSI300 – by 2.3%.
Filtered by date: 15.02.2020. Clear