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ASIA STOCKS: China Strong Whilst Others Mixed. 

ASIA STOCKS
  • Chinese stocks are finishing the week strongly with the major indexes all up over 1%.  Hang Seng +1.35%, CSI 300 +1.55%, Shanghai +1.23%, Shenzhen +1.50% with some market commentators speculating that there is a chance of further stimulus announcements in the coming day.
  • The KOSPI is completing a horrible week given the political turmoil and is down -0.65%
  • Indonesia’s Jakarta Composite is on track for a very strong week following the BI Governors suggestion that rates are on hold, today up +0.36% and looking to finish the week +3.00%.
  • Malaysia’s FTSE KLCI is on track to finish over 1% up for the week, but is off today down -0.17%.
  • India is opening up to a quiet start but is on track to finish the week over 2% better just as the RBI stays on hold, whilst cutting the cash reserve ratio for banks.  
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  • Chinese stocks are finishing the week strongly with the major indexes all up over 1%.  Hang Seng +1.35%, CSI 300 +1.55%, Shanghai +1.23%, Shenzhen +1.50% with some market commentators speculating that there is a chance of further stimulus announcements in the coming day.
  • The KOSPI is completing a horrible week given the political turmoil and is down -0.65%
  • Indonesia’s Jakarta Composite is on track for a very strong week following the BI Governors suggestion that rates are on hold, today up +0.36% and looking to finish the week +3.00%.
  • Malaysia’s FTSE KLCI is on track to finish over 1% up for the week, but is off today down -0.17%.
  • India is opening up to a quiet start but is on track to finish the week over 2% better just as the RBI stays on hold, whilst cutting the cash reserve ratio for banks.