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The Chinese stock market has finished the trading without fluctuations; Hong Kong has a positive trend

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The Chinese stock market has finished the trading without fluctuations; Hong Kong has a positive trend

The Chinese stock market has finished the trading without fluctuations; Hong Kong has a positive trend
September 08
14:30 2016

The securities market of China has finished the trading session without any shocks. The reason for this is the fact that the positive signals about the trade were blocked by weakened hopes for additional monetary support to the economy.

There is a fall of the CSI300 index by 0.04 percent. This index tracks the stock prices of the largest companies – from those that are traded in Shanghai and Shenzhen.  The index has amounted to 3.339,56 percent. The index of Shanghai Stock Exchange Shanghai Composite has increased by 0.1 percent and ended the session at the mark of 3.095,95 points.

Experts have expressed the view that the market has already had optimistic trading data about the trade in its forecasts. This data have appeared after the publication of the PMI index data for the last month, which indicated that the Chinese economy was being leveled. At the same time forecasts of the continued easing of the monetary policy have become weaker.

In August the Chinese import suddenly pulled at the expense of coal and other commodities. It has happened for the first time over almost two years. This may be a signal that the demand at the Chinese domestic market (the second largest economy in the world) is being restored.

On Thursday the Hong Kong stock Index Hang Seng has finished the session with the increase due to the continuing inflow of funds from the investors in China. The reduction of the investors’ worries that the Federal Reserve may raise the rate as early as this month has also influenced the index growth.

The Hang Seng index has become stronger by 0.8 percent, amounting to 23.919,34 points, while the index of the companies, which are traded in Hong Kong, has grown by 0.4 percent and ended the session at around 10.008, 21 points.

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