World Market News of the 2 October with FXOpen #stockmarket #ftse #hangseng #gold #xauusd #spotgold
☑️ CHINESE STOCKS SOAR MORE THAN 8% IN HONG KONG ON STIMULUS BETS
Chinese shares listed in Hong Kong jumped the most in almost two years, adding to their stimulus-induced euphoria as traders returned from a public holiday.
The Hang Seng China Enterprises (^HSCE) Index climbed as much as 8.5%, extending its winning streak to 13 straight days.
The country’s share in MSCI Inc.’s benchmark for developing-nation equities rose to 27.8% at the end of September, the highest since November 2023.
Source: Bloomberg
☑️ FTSE 100 RISES ON UPBEAT ENERGY, METAL STOCKS
The UK’s benchmark FTSE 100 stock index opened higher on Wednesday, led by energy and industrial metal mining shares, while JD Sports fell after the Nike retailer kept annual outlook unchanged despite a first-half profit beat.
The blue-chip FTSE 100 was up 0.4% by 07:20 GMT, while the more domestically-focused midcap FTSE 250 index was flat.
Oil and gas stocks rose 2.5% as oil prices surged over a dollar
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