Markets continue their rollercoaster ride, with stocks first dipping then rising in last few hours of trading
Chinese stock markets have tumbled and soared in a turbulent session that highlighted investors’ lack of faith in a month-long government effort to stabilise them.
The Shanghai and Shenzhen markets fell 3% on Wednesday morning, taking their losses to more than 8% after a surprise stampede by investors on Tuesday. But state-backed buyers rushed in later, helping stocks finish the day more than 1% higher.
Continue reading…
Source: The Guardian Circular Economy RSS