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Retaliation

Global Daily | Market comments

by Bas van Geffen, CFA, Senior Macro Strategist for Rabobank

[China]

China’s equity indices either did very well or very poorly, depending on your reference. The country returned to work after a weeklong national holiday with a gain of 4.4% for the Shenzhen CSI 300 index. That’s less than half of the opening gains though – the CSI 300 opened the day with a 10.8% increase on the screens. Some investors may have used the first opportunity they had in a week’s time to sell some of their holdings and lock in a profit.