Asian stocks rise as relief rally builds after UK U-turn

China’s stock market opened nearly flat and edged up 0.12% to 3,088.54 as the Chinese ruling Communist Party’s twice-a-decade congress remains in session this week. Chinese state banks are stepping up intervention to defend the weakening yuan, banking sources told Reuters on Monday, while many companies have announced share buyback programmes.

More To Explore

FPIs withdraw Rs 48,056 cr from D-St in Oct

Foreign investors withdrew significant funds from Indian equities in October amid concerns over inflation and crude oil prices. Despite this, there were signs of moderation