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Chinese shares rise on Thursday

Business Desk |
Update: 2015-10-22 05:17:00
Chinese shares rise on Thursday Photo Courtesy: newsx.com

DHAKA: Chinese shares rose on Thursday, recovering some of the previous day’s losses.

The benchmark Shanghai Composite Index was higher by 1% to 3,354.08 points after shedding more than 3% on Wednesday.

Hong Kong’s stock exchange reopened after a bank holiday but the index failed to follow the mainland's strong lead.

The city’s Hang Seng fell by 0.7% to 22,828.38 points.

In Japan, shares fell 0.6%, failing to continue the previous day’s rally.

Held back by a weak finish on Wall Street, Asia’s biggest stock market saw its Nikkei 225 closing at 18,435.87 points.

The losses came after a rally of almost 2% on Wednesday on hopes for more government stimulus to counter a weak economy.

In Sydney, the S&P/ ASX 200 finished 0.3% higher at 5,263.80 points.

BDST: 1518 HRS, OCT 22, 2015
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