China stocks suffer in thin holiday trade

TOKYO: Chinese stocks closed lower on Monday on speculation authorities would limit monetary policy easing after signs of stabilisation in Asia's top economy but trade was lacklustre with many markets closed for Easter.

Investors had interpreted that as meaning"that the government will suspend the easing of monetary policy," said Shen Zhengyang, an analyst at Northeast Securities. The benchmark Nikkei 225 index rose 0.08 per cent while the broader Topix index was up 0.10 per cent. Precision motor maker Nidec is reporting on Tuesday and industrial robot maker Fanuc the day after, noted Ishiguro, who added that investors would also be scrutinising results from US IT giants Amazon and Microsoft later this week.

Turning to foreign exchange markets, Resona Bank said in a commentary that trade was affected by the holidays. Stephen Innes, head of trading at SPI Asset Management, said that a"positive confluence of events continues to support risk sentiment."

配图和文字有什么关系

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.

Chinese official caught sleeping through Chan Chun Sing’s speech at 2019 Singapore-China ForumA Chinese official was caught on camera sleeping through Trade and Industry Minister Chan Chun Sing's speech at the 7th Singapore-China Forum on Leade that's what speeches with big words and no substance does to you?😂🤣😂
Source: IndependentSG - 🏆 2. / 72 Read more »

Asian markets down as global rally takes a break[HONG KONG] Asian markets fell Thursday as investors in most countries wound down going into the long Easter break, with positive comments on the China-US trade talks and healthy Chinese growth unable to fire buying activity. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

India cuts trade deficit with China by US$10b: sources[NEW DELHI] India cut its trade deficit with China by the most in more than a decade, according to people familiar with the data, as it boosted exports amid a US-China trade war. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »