Friday: Style Board and Csi Index

friday: The Chi Next Index, China NASDAQ-style board for high-tech and emerging start-ups, slumped 0.65 percent to 2,194.23 points, according to Global Times China. A total of 423.58 billion yuan in shares changed hands on the Shanghai and Shenzhen exchanges on Friday, down from 432.23 billion yuan on Thursday. The CSI 300 index of the 300 biggest companies traded in Shanghai and Shenzhen added 0.10 percent to close at 3,305.85 points on Friday. Global stocks and the dollar rebounded on Friday, buoyed at first by US and Chinese data, but Federal Reserve Chair Janet Yellen later rattled investors when she said aggressive steps may be needed to address an economy whose potential is slipping. Disappointing Chinese trade data on Thursday had rattled investors and pushed global equity markets to three-month lows, according to Reuters. In China, September producer prices unexpectedly rose for the first time in nearly five years and consumer inflation also beat expectations, easing some concerns about the health of the country, Reuters reported Friday. (news.financializer.com). As reported in the news.

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