Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Wednesday, July 30
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Stock Market»Stock market today: China mainland shares rise on rate cut
    Stock Market

    Stock market today: China mainland shares rise on rate cut

    October 21, 20243 Mins Read


    China’s mainland shares posted modest gains as a central bank lending rate cut boosted real estate stocks, but investors awaited more details on government stimulus.

    • S&P 500 Futures: 5,903.50 ⬇️ down 0.04%
    • S&P 500: 5,864.67 ⬆️ up 0.40%
    • Nasdaq Composite: 18,489.55 ⬆️ up 0.63%
    • Dow Jones Industrial Average: 43,275.91 ⬆️ up 0.09% 
    • FTSE 100: 8,386.32 ⬆️ up 0.34%
    • CSI 300: 3,935.20 ⬆️ up 0.25%
    • Nikkei 225: 38,954.60 ⬇️ down 0.07%
    • Bitcoin: $68,482.11 ⬇️ down 0.71%

    China: Shares rise after bank rate cut aids real estate shares

    China shares rose modestly Monday after the People’s Bank of China cut its one-year and 5-year prime lending rates in a welcome but expected move for traders. The CSI 300, which tracks the 300 top stocks on the Shanghai and Shenzhen exchanges, rose 0.25%, while its housing subset, the CSI 300 Real Estate Index, gained 1.02%. Hong Kong’s Hang Seng dropped 1.57% despite a rise in real estate shares.

    Japan: Shares slip despite rise in tech stocks

    The Nikkei 225 slipped 0.07% as a rise in technology stocks couldn’t overcome broader drops in the financial and industrial sectors. Factory automation tech firm Keyence and chip-testing equipment maker Advantest rose 1.66% and 2.67%. respectively. The country’s Oct. 27 elections have investors hedging their bets as they wait to see whether the ruling Liberal Democratic Party will win a majority.

    Europe: Shares post small gains as energy stocks lead the way

    European stocks moved into positive territory early Monday as oil and gas sector shares led the way, with Shell, TotalEnergies and BP all posting gains of more than 1% in morning trading. Shares in JDE Peet’s surged over 15% after the beverage company announced that Kraft Heinz executive Rafael Oliveira would be its next CEO and German conglomerate JAB said it would acquire Mondelez’s share in the JDE Peet’s in a $2.4 billion deal. The Stoxx Europe 600 was flat, while the FTSE 100 rose 0.34% around 10:30 a.m. CET.

    U.S. premarket mixed as investors await big week

    U.S. markets were mixed in premarket trading Monday, after Netflix’s blowout earnings sent its stock soaring 11% Friday, helping U.S. stocks finish an up week on a high note, with the Dow Jones Industrials and S&P 500 hitting records. Investors will be paying special attention to Tesla and Boeing earnings on Wednesday as they look for a reason for optimism at the EV giant after its robotaxi reveal underwhelmed investors—and search for any reason for hope at all at the embattled planemaker.

    And earnings season continues…

    It’s a huge earnings week, with 112 of the S&P 500 reporting. Tesla, Coca-Cola and Boeing report Wednesday.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleQ3 earnings downgrades have been significant, JPMorgan says By Investing.com
    Next Article Bitcoin About To Exceed $80,000!

    Related Posts

    Stock Market

    Stock market today: Dow, S&P 500, Nasdaq rise as Wall Street awaits Fed decision, Big Tech results – Yahoo Finance

    July 30, 2025
    Stock Market

    Dow, S&P 500, Nasdaq rise as Fed holds rates steady, Big Tech results loom

    July 30, 2025
    Stock Market

    Futures edge up ahead of Fed rate decision, tech earnings

    July 30, 2025
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Property

    Victorian property in Woodbridge for sale at £1.6 million

    July 1, 2025
    Finance

    SHIFT Open Finance Community chooses Open Banking platform for fintech incubator

    October 28, 2024
    Commodities

    The Commodities Feed: Gold rises to another record high | articles

    October 30, 2024
    What's Hot

    China’s Bold Stimulus: 400 Billion Yuan Boost for Major Banks

    February 26, 2025

    China Pacific Insurance : Les revenus de primes des filiales en hausse au premier semestre

    July 15, 2025

    L’activité très forte sur les marchés de la dette d’entreprises – 27/06

    June 27, 2025
    Most Popular

    Joe Biden ends campaign, throwing the election and Democrats’ economic agenda into turmoil

    July 21, 2024

    Commodity Gains Balance Healthcare Losses In Australian Market

    August 13, 2024

    Bitcoin ETFs Attract Over $1 Billion in Ten Days!

    July 19, 2024
    Editor's Picks

    L’Ukraine envisage de créer une réserve nationale stratégique en Bitcoin

    May 15, 2025

    Autonomy finance chief banned from accountancy – despite Mike Lynch’s fraud acquittal

    July 11, 2024

    New house sales slump amid property crisis in China – ThePrint – ANIFeed

    August 16, 2024
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2025 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.