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Asian Stocks End Mixed As China's Policy Support Disappoints

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

Asian markets finished Monday's trading on a mixed note amidst disappointment over a weak policy response from Beijing to the deepening property crisis. Anxiety surrounding the central bankers meeting at Jackson Hole also dampened sentiment. Stocks in China meanwhile touched a 38-week low.

China's Shanghai Composite Index shed 38.98 points or 1.2 percent to finish trading at 3,092.98. The day's trading ranged between 3,092.98 and 3,134.96. The Shenzhen Component Index dropped 138.12 points or 1.3 percent to close at 10,320.39.

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