Asian Stocks Rally Amidst Global Momentum

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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by RTTNews Staff Writer

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