Monday, 29 September 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
China Stocks Slip as PBOC Holds Key Rate
Monday, 25 November 2024 14:46 WIB | MARKET UPDATE |Indeks Saham Berjangka China

The Shanghai Composite fell 0.11% to close at 3,264 while the Shenzhen Component lost 0.17% to 10,421 on Monday, hitting their lowest levels in over a month as the People's Bank of China decided to keep its one-year medium-term lending facility rate unchanged at 2%, offering no new catalyst for the market.

Last week, Chinese stocks faced pressure due to growing concerns over the economy and skepticism about the effectiveness of stimulus measures.

Additionally, downward earnings revisions from major Chinese companies dampened investor sentiment, while markets braced for the potential impact of further US tariffs under the incoming Trump administration. Notable losses were seen in East Money Information (-2.1%), Hytera Communication (-9.7%), and Sichuan Changhong (-5.5%).

Source: Trading Economics

RELATED NEWS
European Stocks Higher to Kick Off the Week...
Monday, 29 September 2025 14:36 WIB

The STOXX 50 went up 0.3% and the STOXX 600 rose 0.2% on Monday, tracking a general positive tone across European equity markets in Asia and the US. Traders were also digesting corporate news and eco...

Asia markets trade mixed; Australia central bank starts two-day policy meeting...
Monday, 29 September 2025 07:23 WIB

Asia-Pacific markets traded mixed Monday, while the Reserve Bank of Australia will kickstart its two-day policy meeting where it is expected to hold its cash rate steady at 3.6%, according to a Reuter...

US Equities End 3-Day Losing Streak ...
Saturday, 27 September 2025 03:56 WIB

US stocks closed higher on Friday (September 26th), as investors reacted positively to an inflation report that met expectations, while also considering President Trump's new wave of tariffs and weake...

European Stocks Close Higher ...
Friday, 26 September 2025 23:09 WIB

European stocks closed sharply higher on Friday, recovering from losses in the previous two sessions, as markets reassessed the impact of new US tariffs and how major European companies should navigat...

European Stocks Rise on Friday...
Friday, 26 September 2025 14:30 WIB

Major European bourses traded slightly higher on Friday, with the STOXX 50 up 0.4% and the STOXX 600 gaining around 0.3%, after two straight sessions of losses. However, upside momentum was capped by...

LATEST NEWS
Hang Seng Jumps 1.9% at Close

The Hang Seng Index surged 495 points, or 1.9%, to close at 26,322 on Monday (September 29th), recovering from two sessions of decline as all sectors contributed to the rally. Optimism increased after China's central bank on Friday promised...

Gold Continues to Shine at the Start of the Week!!

Gold prices rose on Monday (September 29th), continuing their upward trend as the US dollar weakened. The weakening greenback made gold cheaper for holders of other currencies, boosting demand in global markets. Furthermore, the decline in US bond...

European Stocks Higher to Kick Off the Week

The STOXX 50 went up 0.3% and the STOXX 600 rose 0.2% on Monday, tracking a general positive tone across European equity markets in Asia and the US. Traders were also digesting corporate news and economic data. Shares of AstraZeneca jumped 1.6%...

POPULAR NEWS
US core PCE inflation holds steady at 2.9% in August as expected
Friday, 26 September 2025 19:40 WIB

Annual inflation in the United States (US), as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, edged higher to...

Russia plans to limit diesel exports
Friday, 26 September 2025 19:55 WIB

Russia's export rules spark diesel market jitters"Boosting prices were initial reports that Russia intends to ban some companies from exporting...

Trump Imposes New US Tariffs on Drugs, Trucks, and Furniture
Friday, 26 September 2025 23:28 WIB

US President Donald Trump on Thursday announced sweeping new import tariffs, including a 100% duty on brand-name drugs and a 25% levy on heavy-duty...

Trump slaps new US tariffs on drugs, trucks and furniture
Friday, 26 September 2025 18:39 WIB

U.S. President Donald Trump on Thursday unveiled sweeping new import tariffs, including 100% duties on branded drugs and 25% levies on heavy-duty...