Stocks rise on China's monetary easing

  • 📰 manilabulletin
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

The local stock market resumed its upward trek to end the week higher on the back of good news from China.

The main index rose 86.28 points or 1.30 percent to close at 6,746.33 as the Property counter led the advance across the board. Volume dipped to 2.92 billion shares worth P7.16 billion as gainers swamped losers at 131 to 62 with 43 unchanged.

He added that, “Thursday’s move also came after showing that the U.S. weekly jobless claims rose to 218k for the week ending May 14, hinting that economic growth is slowing.” Philstocks Financial Senior Supervisor for Research Japhet Tantiangco said “The local bourse joined the rise of its regional peers this Friday. The region’s rise is attributed to China’s monetary easing to provide support to its COVID-19 stricken economy.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 25. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Philippine stocks: Gainers, losers, market-moving news – May 2022Bookmark and refresh this page for the latest news and analysis on stock market movers, corporate and financial news, business deals, and the economy in the Philippines
Fonte: rapplerdotcom - 🏆 4. / 86 Consulte Mais informação »