Global Markets
S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
Indices

China Stocks Mixed on PBOC Repo Plans

The Shanghai Composite slipped 0.3% to 4,099 on Thursday, while the Shenzhen Component advanced 1.3% to 16,251, with benchmarks delivering a mixed performance after the People’s Bank of China announced plans to introduce overnight reverse repo operations as part of its next stage of policy reform. The central bank said the new facility will be rolled out on June 29–30, marking a step toward more flexible liquidity management. The overnight tenor will complement the existing seven-day reverse repo rate of 1.4%, which remains the PBOC’s main policy benchmark. The announcement follows remarks by Governor Pan Gongsheng at the Lujiazui Forum, where he signaled plans to broaden the central bank’s use of overnight reverse repos. Financial stocks came under pressure, particularly Industrial and Commercial Bank of China (-1.1%), Agricultural Bank of China (-1.0%), China Construction Bank (-1.3%), and Bank of China (-2.0%).

Octalas AI
Octalas Logo

Profit

Everyone's racing to cut costs. We're racing to create profit.

Start Selling through Service

Free for 14 days · No credit card required
Profit Through AI

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button