China Markets Up In Slow Holiday Trading

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2019-04-19 HKT 22:13

Share this story

facebook

  • Chinese markets were in positive territory. Image: Shutterstock

    Chinese markets were in positive territory. Image: Shutterstock

Shanghai stocks closed higher on Friday but trade lacked direction with several major markets closed for Easter holidays.

Stocks managed to claw higher despite some early wobbles over concerns that the slowing mainland economy could hit soon-to-be-released corporate earnings.

The benchmark Shanghai Composite Index gained 0.63 per cent to close at 3,270.80.

The Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.94 per cent to end the day at 1,779.

In Japan, the benchmark Nikkei 225 index added 0.50 per cent to 22,201, while the broader Topix index climbed 0.12 per cent to 1,617.

The market's main gainer was Nintendo, which jumped more than 14 percent on reports its games and popular Switch console will soon be available in China. (AFP)

RECENT NEWS

US Stocks Rise On Hopes Of Pause In Rate Increases

Wall Street stocks finished solidly higher on Thursday, reflecting better sentiment on the US economy and a consensus vi... Read more

China's Financial Risks 'controllable': Regulators

The head of the National Financial Regulatory Administration on Thursday told a high-profile forum in Shanghai that the ... Read more

Banks Cut Yuan Deposit Rates, Could Boost Consumption

China's biggest banks on Thursday said they have lowered interest rates on yuan deposits, in actions that could ease pre... Read more

Cheese And Wine Put EU, Australia Deal In Peril

Australia on Thursday threatened to walk away from a blockbuster free trade deal with the European Union unless its prod... Read more

US Stocks End Mixed As Tech Shares Are Sold Off

Gains by industrial companies lifted the Dow on Wednesday, while weakness among technology shares pushed the Nasdaq deci... Read more

Amazon 'plans Prime Video Streaming Service With Ads'

Amazon.com is planning to launch an advertising-supported tier of its Prime Video streaming service, the Wall Street Jou... Read more