The Shanghai Composite rose 0.6% to surpass 3,350, while the Shenzhen Component edged up 0.4% to 10,550 on Tuesday, with mainland stocks rebounding after a two-day decline as investors reacted positively to strong factory activity data.
A private survey showed that Chinese manufacturing expansion accelerated more than expected in March, reaching a four-month high amid robust external demand. Total new orders grew for the sixth consecutive month, while new export orders recorded their fastest expansion in nearly a year.
However, investor sentiment remained cautious as markets awaited the implementation of US President Donald Trump's reciprocal tariffs, which are expected to further impact China's export-driven economy. Growth-oriented stocks led the gains, with notable performances from Sungrow Power (4.6%), Jiangsu Hengrui (4%), Kunshan Kinglai (5.6%), Cambricon Technologies (3.3%), and Wuxi AppTec (3.7%).
Source: Trading Economics
Asian stocks opened lower after weak US employment data did little to change expectations of a Federal Reserve interest rate cut. The MSCI Asia Pacific Index fell 0.1%, extending its decline to a thir...
European stocks closed lower on Tuesday, with the STOXX 50 down 0.5% and the broader STOXX 600 slipping 0.4%, as optimism around Russia–Ukraine peace efforts prompted investors to reassess the outlook...
Stocks fell slightly on Tuesday as traders digested the delayed release of the November's jobs report. The S&P 500 fell 0.1%, while the Nasdaq Composite pulled back about 0.2%. The Dow Jones Indu...
European stocks are expected to open lower on Tuesday (December 16), reversing gains seen earlier in the week. Shortly after the opening bell, the pan-European Stoxx 600 index fell 0.2%, with most se...
Asia-Pacific stock markets mostly opened lower on Tuesday, following Wall Street's overnight decline. Pressure stemmed from investors exiting artificial intelligence (AI) stocks in the United States. ...
The Japanese yen weakened slightly during the Asian session on Wednesday, as investors remained cautious while awaiting the Bank of Japan (BoJ) policy update. Market focus now turns to the two-day BoJ meeting next Friday, which is expected to...
Brent oil prices stabilized below US$59 per barrel after several days of sharp declines. Market concerns about a global supply glut, driven by the return of production from OPEC+ and other producers, prevented prices from recovering despite...
Silver prices moved within a limited range as investors weighed weak US employment data, which was not enough to fuel expectations of an imminent interest rate cut. The Federal Reserve's cautious stance has kept buying interest in silver from...
New York Federal Reserve President John Williams said on Monday the U.S. central bank's interest rate cut last week leaves it in a good position to...
Stocks rose Monday led by a broad array of names as traders bet data set for release this week will point to tame inflation and strong economic...
Asian markets opened lower in the last full trading week of 2025, fueled by concerns about the prospects for tech company profits and growing AI...
Pasangan mata uang EUR/USD mengawali pekan ini dengan nada sedikit melemah di sesi Asia, diperdagangkan di sekitar 1,1730, turun kurang dari 0,10%...