Asian stocks rise as tech boost offsets rate jitters; China leads

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

Asian stocks rise as tech boost offsets rate jitters; China leads

Investing.com-- Most Asian stocks rose on Monday as technology shares tracked strong gains in their Wall Street peers, while Chinese markets advanced after the government further loosened some restrictions on the property market.

Tech was the best performer for the day, tracking a strong session on Wall Street on Friday following blowout earnings from Microsoft Corporation (NASDAQ: The move was aimed at bolstering the property market, which is grappling with a three-year slump and has been a key pressure point for the Chinese economy.A string of key Chinese company earnings are also on tap this week, particularly from China’s biggest state-owned banks and oil and gas firms.was the best performer in Asia, rising 1.7% on gains in technology and property stocks.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Asian shares shrug off Wall St blues as China leaves lending rate unchangedMarkets in Asia apart from Shanghai’s are broadly higher, shrugging off the blues on Wall Street after big technology stocks logged their worst week since the COVID crash in 2020.
Source: wjxt4 - 🏆 246. / 63 Read more »

Stock market today: Asian shares shrug off Wall St blues as China leaves lending rate unchangedMarkets in Asia apart from Shanghai’s are broadly higher, shrugging off the blues on Wall Street after big technology stocks logged their worst week since the COVID crash in 2020. Oil prices fell while U.S. futures advanced. Shares fell in Shanghai after China's central bank left its 1 and 5-year lending rates unchanged.
Source: AP - 🏆 728. / 51 Read more »

Stock market today: Asian shares shrug off Wall St blues as China leaves lending rate unchangedMarkets in Asia apart from Shanghai’s are broadly higher, shrugging off the blues on Wall Street after big technology stocks logged their worst week since the COVID crash in 2020.
Source: ksatnews - 🏆 442. / 53 Read more »

Stock market today: Asian markets are mixed, Shanghai falls as Fitch lowers China's rating outlookShares are mixed in Asia after U.S. stock indexes held at a near standstill ahead of some potentially market-moving reports. Hong Kong gained nearly 2% while Shanghai fell after Fitch Ratings lowered its outlook for China's public finances. On Tuesday, the S&P 500 edged up 0.1% after barely budging the day before.
Source: AP - 🏆 728. / 51 Read more »

Stock market today: Asian markets are mixed, Shanghai falls as Fitch lowers China's rating outlookShares are mixed in Asia after U.S. stock indexes held at a near standstill ahead of some potentially market-moving reports.
Source: wjxt4 - 🏆 246. / 63 Read more »