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Ftse China A50 Index Fell 0.15% on Opening

jingji05 by jingji05
2025-06-13
in Stocks
Ftse China A50 Index Fell 0.15% on Opening
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The FTSE China A50 index opened 0.15% lower, reflecting muted sentiment as investors weighed mixed economic signals. The blue-chip gauge’s early decline tracked with broader Asian market softness ahead of key policy meetings.

​Financial and property stocks led the dip, while select consumer and green energy names showed resilience. The modest pullback follows three consecutive weeks of gains, suggesting potential profit-taking near current levels.

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​The index faces immediate support at its 50-day moving average (14,200 zone). A sustained break below this level could signal deeper correction, while holding above may maintain the uptrend structure. Traders await China’s May industrial production data for fresh catalysts.

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