China stocks rise as Middle East worries recede; energy sector underperforms
Chinese shares rose on Tuesday
from a late slump in the previous session as concerns over
tensions in the Middle East eased, with investor focus returning
to policy support and a much-awaited Phase 1 trade deal with the
United States.
** At the midday break, the Shanghai Composite index was
up 0.36% at 3,094.44 points.
** China’s blue-chip CSI300 index was up 0.45%, with
its financial sector sub-index higher by 0.35%, the
consumer staples sector up 2.09%, the real est
from a late slump in the previous session as concerns over
tensions in the Middle East eased, with investor focus returning
to policy support and a much-awaited Phase 1 trade deal with the
United States.
** At the midday break, the Shanghai Composite index was
up 0.36% at 3,094.44 points.
** China’s blue-chip CSI300 index was up 0.45%, with
its financial sector sub-index higher by 0.35%, the
consumer staples sector up 2.09%, the real est
Posted by Reuters
