China stocks set for first weekly gain in four as virus deaths drop
China stocks advanced
on Friday, on course for their first weekly gain in four, as the
daily death toll in Hubei – the epicentre of the coronavirus
outbreak – halved and the number of new cases dropped.
** At the midday break, the Shanghai Composite index was
up 0.5% at 2,921.25 points, while the blue-chip CSI300 index
climbed 0.8%. The Shanghai index gained 1.6% so far
this week, while the CSI300 index rose 2.4% for the week.
on Friday, on course for their first weekly gain in four, as the
daily death toll in Hubei – the epicentre of the coronavirus
outbreak – halved and the number of new cases dropped.
** At the midday break, the Shanghai Composite index was
up 0.5% at 2,921.25 points, while the blue-chip CSI300 index
climbed 0.8%. The Shanghai index gained 1.6% so far
this week, while the CSI300 index rose 2.4% for the week.
Posted by Reuters
