Global Market Report - October 22

The Shanghai stock market bounced 4% as Chinese officials talked up the prospect of economic stimulus

Morningstar 24/10/2561

Global Market Report


Under-pressure China stocks received a much-needed boost from talk of stimulus from the Chinese government at the start of the new trading week. The Shanghai Composite Index, which this month saw a daily fall above 5%, was 4% higher today than Friday’s close.

After China’s gains, Hong Kong’s Hang Seng closed over 2% higher.


Asia’s gains on Monday helped lift European stocks, although daily gains were less than 1% for most major indices.

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Apple Inc322.32 USD-0.86
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Lloyds Banking Group PLC33.89 GBX0.37
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Twitter Inc33.72 USD-3.33

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