Business Standard

China Shanghai composite index moves down around 1%

Image

Chinese stocks fell today while Asian stocks ended mixed as investors looked ahead to a slew of U.S. economic data as well as tech megacap earnings for directional cues.

Traders also remained apprehensive that a Donald Trump victory in the upcoming U.S. presidential election may slow global growth.

China's Shanghai Composite index fell 1.08 percent to 3,286.41 as caution set in ahead of a top leadership meeting next week, expected to discuss stimulus measures.

Investors also reacted to reports suggesting that the Biden administration has finalized restrictions on investments by U.S. individuals and companies into advanced technology in China.

Powered by Capital Market - Live News

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 29 2024 | 3:00 PM IST

Explore News