Global Market Report - January 21

The weakest Chinese growth in 28 years cast a shadow over markets today, while the New York Stock Exchange is closed to observe Martin Luther King Jr. Day

Morningstar 21/01/2562

Global Market Report

Asia

Markets in Asia were generally positive at the start of the new trading week, despite data showing a slowdown in Chinese economic growth.

The Shanghai Composite Index nudged above 2,600 points after a modest daily gain, while Hong Kong’s Hang Seng consolidated its position above 27,000 points.

China GDP in the fourth quarter met expectations for a year on year rise of 6.4%, but this was the slowest growth since the early 1990s and a further sign that the trade spat with the US is harming activity.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
BlackRock Inc546.19 USD0.39
Comcast Corp Class A41.29 USD-0.02
Ford Motor Co6.57 USD6.14
International Business Machines Corp128.89 USD-0.12
Johnson & Johnson146.73 USD-1.29
JPMorgan Chase & Co106.44 USD2.08
Procter & Gamble Co116.05 USD-2.09

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