China shares jump, dollar skittish with all eyes on US Election Day

Quick Summary:

SINGAPORE: An uneasy calm settled over currencies and bonds as investors waited for the United States to choose a new leader with polls showing the contest on a knife edge, while expectations China will approve more government spending lifted Chinese stocks.

The dollar, which had eased as traders made final tweaks to positions, bought 152.46 yen and changed hands at $1.0879 per euro.

China's blue chip CSI300 jumped 2.4% and Hong Kong's Hang Seng rose 1.4%.

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Category: EconomyBusiness

Markets: MalaysiaAustraliaChinaGeorgiaHong KongJapanSingaporeUnited States

Topics: Equities /Business/Business News Asia Markets Stocks Trading Commodities

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 14:17:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 595 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 23424513

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