• MTS Futures News_PM_20160429

    29 Apr 2016 | SET News


The blue-chip CSI300 index fell 0.1 percent, to 3,156.75, while the Shanghai China stocks edged lower on Friday, capping a sluggish week, as investors mostly adopted a cautious stance ahead of the Labour Day holiday with risk appetite curbed by rising bond defaults and commodities price volatility.

Composite Index also lost 0.1 percent, to 2,938.32 points.

The CSI300 was down 0.6 percent for the week and 1.9 percent for the month, while SSEC dipped 0.7 percent and gave up 2.2 percent for the respective periods.

Investors have become increasingly cautious amid rising worries about corporate creditworthiness.

Hong Kong shares dropped over 1 percent on Friday as sentiment was soured by a tumble in Japanese stocks, after the Bank of Japan disappointed markets by electing not to expand monetary stimulus on Thursday.

The Hang Seng index fell 1.5 percent, to 21,067.05, while the China Enterprises Index lost 1.3 percent, to 8,939.47 points


Reference: Reuters

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