Chinese markets retreat after three consecutive days of gains

Chinese markets retreat after three consecutive days of gains

SHANGHAI (Reuters) - Chinese stock markets retreated slightly on Wednesday as investors paused to breathe after three consecutive days of gains.

SHANGHAI (Reuters) - Chinese stock markets retreated slightly on Wednesday as investors paused to breathe after three consecutive days of gains.The CSI300 index, which brings together the largest listed companies in Shanghai and Shenzhen, fell 0.1 percent, while the Shanghai index fell 0.1 percent.Both indices rose over the past three straight sessions, with investors backing the Beijing stimulus plan.Economic sectors varied during the session, with most of them closing with little change.At 7:21 am (GMT), the yuan was quoted at 6.7640 per dollar, 0.40 percent lower than the previous close of 6.8041.In the rest of the Asian region, markets made a modest gain, supported by optimistic Wall Street results and hopes that the Chinese government would boost growth, but trade tensions remained in focus ahead of a meeting between European Commission presidents and from United States.The MSCI index, which shares Asia Pacific stocks with the exception of Japan, was up 0.44 percent.N...


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