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2025-05-20 03:16:39

Layer3.news on Nostr: calcalist.co.il POSITIVE TREND IN ASIAN STOCK MARKETS - CHINA'S CENTRAL BANK LOWERED ...


POSITIVE TREND IN ASIAN STOCK MARKETS - CHINA'S CENTRAL BANK LOWERED INTEREST RATES


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✍️ The article reports on the positive trend in Asian stock markets, following a stable closing on Wall Street, with the Nikkei 225 index rising 0.5% and the Shanghai Composite Index rising 0.2%. The People's Bank of China cut its benchmark interest rate for the first time in seven months, to 3%.
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👉 The Nikkei 225 index rose 0.5%
👉 The Shanghai Composite Index rose 0.2%
👉 The People's Bank of China cut its benchmark interest rate to 3%
👉 Mazda rose 5.2%
👉 CSPC Pharmaceutical jumped 7.4%
👉 Hansoh Pharmaceutical rose 6%
👉 Sino Biopharmaceutical rose 4%

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#Beijing #HongKong #China #Asia #WallStreet #business
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The People's Bank of China, in its first quarterly monetary policy report in seven months, lowered the one-year lending rate from 3.1% to 3%, and the five-year lending rate from 3.6% to 3.5%. The Nikkei index rose by 0.5%, the Hang Seng index rose by 0.8%, and the Shanghai Composite and Kospi indices rose by 0.2%
https://www.calcalist.co.il/market/article/yi0ucfm4d

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