China stocks closed lower on Friday (18), following the cautious climate in regional markets amid concerns about the aggressive tightening of monetary policy in the United States and domestic outbreaks of Covid-19.
The CSI 300 index, which brings together the largest companies listed in Shanghai and Shenzhen, closed down 0.45%, while the Shanghai index fell 0.58%. Hong Kong’s Hang Seng Index was down 0.29%.
Most Asian markets were lower after Federal Reserve officials issued further interest rate warnings.
China plans to accelerate vaccination against Covid-19, the head of China’s Center for Disease Control and Prevention said Thursday.
“Messages from today’s meeting add to the conviction that the leadership is preparing to move out of three years of a Covid-zero policy, but medical preparedness remains a near-term bottleneck,” analysts at Goldman Sachs said in a note.
- In TOKYO, the Nikkei index fell 0.11% to 27,899 points.
- In HONG KONG, the HANG SENG index fell 0.29% to 17,992 points.
- In SHANGHAI, the SSEC index lost 0.58% to 3,097 points.
- The CSI300 index, which brings together the largest companies listed in SHANGHAI and SHENZHEN, fell 0.45% to 3,801 points.
- In SEOUL, the KOSPI index appreciated by 0.06%, at 2,444 points.
- In TAIWAN, the TAIEX index fell by 0.21% to 14,504 points.
- In SINGAPORE, the STRAITS TIMES index lost 0.42% to 3,272 points.
- In SYDNEY, the S&P/ASX 200 index advanced 0.23%, to 7,151 points.
Source: CNN Brasil
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