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Tuesday, January 12, 2016

China Stocks Rise Before Trade Data as Offshore Yuan Strengthens

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 8:49 PM No comments


China stocks rose before trade data as the offshore yuan strengthened for a record fifth day.
The Shanghai Composite Index climbed 0.6 percent to 3,042.21 at 9:31 a.m. local time, led by consumer companies. Trade data due at 10 a.m. are expected to show steeper declines for both exports and imports. The yuan in Hong Kong gained 0.16 percent, taking its five-day advance to 2.1 percent.
Source : Bloomberg

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