Asia shares erase losses as China's market support helps Shanghai surge [Reuters (UK)]
Sumitomo Mitsui Financial Group Inc Unsponsored American Depositary Shares (Japan) (SMFG)
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Source: Reuters
Asia shares erase losses as China's market support helps Shanghai surge | Reuters 6 Min Read SHANGHAI (Reuters) - Asian stocks clawed back losses on Friday as China’s efforts to bolster investor confidence helped its share markets rally, although data showing the world’s second-largest economy growing at the slowest pace since 2009 capped broader gains. The MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was up 0.3 percent after earlier falling as much as 0.9 percent ahead of the release of China’s latest GDP reading. Spreadbetters in Europe expect shares in Germany, where big exporters are sensitive to the health of China's economy, to fall at the open, with the DAX .GDAXI seen opening down 0.15 percent. France's CAC 40 .FCHI is expected to open 0.04 percent lower, but the FTSE 100 .FTSE is seen rising 0.24 percent. Australian shares fell 0.05 percent and Japan's Nikkei average .N225 ended 0.6 percent lower for its third straight week of declines. China share
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- 3/27/24 - Form 6-K
- 3/25/24 - Form 6-K
- SMFG's page on the SEC website