China stocks set for weekly gain on upbeat economic data


Source: sharenet.co.za sharenet.co.za

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Most Read China stocks set for weekly gain on upbeat economic data SHANGHAI, April 2 (Reuters) - China stocks rose on Friday and looked set to post their second straight weekly gain, as investors were encouraged by recent data pointing to a solid recovery in the world's second-largest economy. ** The CSI300 index rose 0.9% to 5,156.13 by the end of the morning session, while the Shanghai Composite Index gained 0.4% to 3,481.39. ** Leading the gains, the CSI300 consumer staples index and the CSI300 healthcare index firmed 2.4% and 0.8%, respectively. ** For the week, CSI300 climbed 2.3%, while...