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Chinese stock index jumps 5.3 per cent as Asian stocks rise after Wall Street rebound

Women look at an electronic stock indicator of a securities firm in Tokyo, Thursday, Aug. 27, 2015. Asian stocks rose Thursday after Wall Street soared overnight, breaking a six-day string of losses.
Women look at an electronic stock indicator of a securities firm in Tokyo, Thursday, Aug. 27, 2015. Asian stocks rose Thursday after Wall Street soared overnight, breaking a six-day string of losses. (AP Photo/Shizuo Kambayashi)

BEIJING – China’s main stock market index has surged 5.3 per cent, its biggest gain in eight weeks, as Asian markets rose following Wall Street’s overnight rebound.

The Shanghai Composite Index jumped 156.30 points to close at 3,083.59 points Thursday, bouncing back from a string of sharp declines.

It was the Chinese benchmark’s biggest one-day gain since in June 30.

Stock markets also rose in Japan, South Korea, Hong Kong, Sydney and elsewhere across the Asia-Pacific region.

 

 

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