Sunday, January 08, 2017

Fatigue In Asian Markets

China's stocks down as rally starts to run out of steam

Chinese mainland stocks ended lower on Friday as the New Year rally showed signs of fatigue, with a stronger yuan lending little support to equities. The blue-chip CSI300 index fell 0.6 percent, to 3,347.67 points, while the Shanghai Composite Index lost 0.4 percent to 3,154.32 points. For the week, CSI300 was up 1.1 percent, while SSEC…