Stock Markets: Percent and Bai Ming

stock markets: Apart from these three indexes, over 3,000 stocks opened high on Monday, with over 100 reaching the daily upper cap of 10 percent, according to Global Times China. Previously over the weekend, both the US and China agreed to restart stalled trade talks and cease increasing tariffs on each other's goods at the G20 summit, easing the tensions between the two countries and clearing some uncertainties for the stock market. On Monday, all three major indexes for Chinese A shares opened higher, with the Shanghai Composite Index up 2 percent, the Shenzhen Composite Index up 3.33 percent and the NASDAQ-style growth enterprise board up 3.16 percent as of 11 30 am. Other stock markets also appear to have welcomed the positive tone of the summit. Bai Ming, deputy director of the Ministry of Commerce s International Market Research Institute told the Global Times on Monday that the restart of the trade talks are a sign that the market has been long waiting for and he predicts optimistically for future of the Chinese market. Shortly after the meeting on Sunday, the Dow Jones Industrial Average, the S&P 500 and the Nasdaq-100 futures trades all surged, with the Dow Jones Industrial Average futures trading 199 points higher, according to a report by CNBC on Monday. (news.financializer.com). As reported in the news.