Market Commentary - Foreign Markets

29-Nov-2024      18:02

Chinese stocks at one week high

Chinese stocks saw strong gains on stimulus hopes, heading into a key economic meeting next month. China's Shanghai Composite index added 0.93% amid continued bargain buying and hit one week high. Beijing said it will extend tariff exemptions for the import of some U.S. products until Feb. 28, 2025, signifying a potential easing in trade barriers amid U.S. trade tensions.

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