Saturday, July 24, 2021

Asian stocks fall after reports of rise in inflation in China

Most Asian equity markets fell after reports of rise in inflation in China that could prompt authorities to act to cool the inflation. Hong Kong’s Hang Seng plunged 1.1 percent and China’s Shanghai Composite index declined 0.9 percent. South Korea’s KOSPI slipped 0.4 percent and Singapore’s Straits Times fell 0.1percent. On the other hand, Japan’s Nikkei-225 gained 0.2 percent.

European stocks were trading in a narrow range and on course for their longest weekly winning streak in more than a year as hopes of a rapid recovery in economic growth offset doubts over the euro zone’s COVID-19 vaccination programme. In intra-day trade, London’s FTSC-100 was almost flat while Germany’s DAX gained and France’s CAC, both added 0.3 percent

- Advertisement -
Latest news

PM Modi to share his thoughts in Mann Ki Baat tomorrow

Prime Minister Narendra Modi will share his thoughts with the people in the country and abroad in the Mann Ki Baat programme on All...

TMC nominates former Prasar Bharati CEO Jawhar Sirkar to Rajya Sabha

The Trinamool Congress has Announced  former IAS and Prasar Bharati CEO Jawhar Sirkar as its candidate in the upcoming Rajya Sabha election in the...

President Kovind on 4-day visit to J&K, Ladakh from tomorrow

President  Ram Nath Kovind  will be on a  four  day  visit  to  Union Territories of Jammu  Kashmir and Ladakh from tomorrow. On Monday, which...

Live Update: Tokyo Olympics 2020 | Mirabai Chanu wins Silver in Tokyo

Live Update: Tokyo Olympics 2020  After almost a year’s delay, the Tokyo 2020 Olympics are finally underway, with events taking place in different disciplines. On...
Related news

PM Modi to share his thoughts in Mann Ki Baat tomorrow

Prime Minister Narendra Modi will share his thoughts with the people in the country and abroad in the Mann Ki Baat programme on All...

TMC nominates former Prasar Bharati CEO Jawhar Sirkar to Rajya Sabha

The Trinamool Congress has Announced  former IAS and Prasar Bharati CEO Jawhar Sirkar as its candidate in the upcoming Rajya Sabha election in the...

President Kovind on 4-day visit to J&K, Ladakh from tomorrow

President  Ram Nath Kovind  will be on a  four  day  visit  to  Union Territories of Jammu  Kashmir and Ladakh from tomorrow. On Monday, which...

Live Update: Tokyo Olympics 2020 | Mirabai Chanu wins Silver in Tokyo

Live Update: Tokyo Olympics 2020  After almost a year’s delay, the Tokyo 2020 Olympics are finally underway, with events taking place in different disciplines. On...