China blue-chip stocks end lower as Middle East tensions weigh [Reuters]
PetroChina Company Limited (PTR)
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Source: Reuters
China blue-chip stocks end lower as Middle East tensions weigh SHANGHAI, Jan 6 (Reuters) - China’s blue-chip index gave up early gains to end lower on Monday as rising tensions in the Middle East dampened sentiment, forcing investors to overlook positive cues such as progress in U.S.-China trade talks and Beijing’s policy support to prop up the economy. ** The blue-chip CSI300 index ended 0.4% lower at 4,129.30, while the Shanghai Composite Index was flat at 3,083.41. ** U.S. President Donald Trump threatened to impose sanctions on Iraq and retaliate against Iran if it strikes back after the killing of its top commander. His threat against Iraq comes after its parliament voted in favour of expelling U.S. troops. ** Favourable news and factors, including the Sino-U.S. trade deal progress and Beijing’s policy support to help the real economy, have been largely factored in the strong rally in the A-share market recently, said Luo Kun, an analyst with Fortune Securities. ** Any headwinds,
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