Stocks at 2-month high
Source: Agencies |
October 27, 2015, Tuesday
|
Print Edition
Print Edition
SHANGHAI stocks rose to a two-month high yesterday following the central bank’s interest rate and reserve requirement ratio cuts over the weekend.
The Shanghai Composite Index gained 0.5 percent to 3,429.58 points, the highest close since August 21.
The People’s Bank of China cut interest rates for a sixth time since last November after China’s GDP growth slowed to a six-year low of 6.9 percent in the third quarter of this year.
“As underlying growth slows, China’s authorities are likely to respond with additional stimulus,” Moody’s Investors Service said in a report.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
