Friday, December 9, 2011

China?s stocks open higher after Wall Street rally

AppId is over the quota
AppId is over the quota

China’s stocks opened slightly higher on Wednesday after an overnight rally on the U.S. markets.

The benchmark Shanghai Composite Index gained 0.18 percent to open at 2,387.83, while the Shenzhen Component Index opened 0.28 percent higher at 10,255.60.

The U.S. stocks ended sharply higher on Tuesday amid strong performance in financial sector and rumors about a two-trillion-euro rescue fund being planned to help troubled European governments and banks.

The Dow Jones industrial average gained 180.05 points, or 1.58 percent, to 11,577.05 on Tuesday. – Xinhua

Tags: China stock, China stock market, China stock news

Posted by CBN on Oct 19 2011. Filed under Stock. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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