China stocks decline for third straight week on Mideast jitters
China stocks fell for the third consecutive week, with the CSI300 Index down 0.9% and the Shanghai Composite Index down 1%. Concerns over Middle East tensions and oil supply issues contributed to a risk-averse market mood. Analysts noted that external volatility is affecting sentiment, while low inflation may support domestic demand. Services activity growth slowed in March, and healthcare stocks dropped after U.S. tariff announcements. In contrast, AI-related shares saw a slight increase, while energy and new energy indices declined despite rising oil prices.
Source: marketscreener The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments