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Asian Stocks Rally Amidst Global Momentum

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Asian markets gained on Thursday amidst global bullish sentiment on stocks and other risk assets. Sentiment was boosted by the promise of more stimulus measures from China. Chinese benchmarks, however, pared gains.

China's Shanghai Composite Index slumped 31.46 points or 1.0 percent to 3,249.03. The day's trading ranged between 3,231.34 and 3,308.83. The Shenzhen Component Index tumbled 156.98 points or 1.3 percent to close at 11,907.40.

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Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

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