Stocks Mostly Rise but Japan Skids on Stark Economic Data - News Summed Up

Stocks Mostly Rise but Japan Skids on Stark Economic Data


BANGKOK — Global stocks mostly rose Monday, with Shanghai's benchmark jumping over 2% after the central bank rolled out support for the economy amid a virus outbreak that has infected over 71,000 people globally. Japan's market slumped, however, on weak economic growth figures. Britain's FTSE 100 gained 0.3% to 7,432, while France's CAC 40 was 0.2% higher at 6082. The People's Bank of China cut its one-year medium-term lending rate to 3.15% from 3.25%. It also injected some 300 billion yuan ($43 billion) into the markets through short-term purchases of securities and other injections of cash.


Source: International New York Times February 17, 2020 06:11 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */