Asia stocks up: China jumps on PBoC rate-cut pledge; Trump trade war caps gains By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 14 2025
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Source: Investing.com
Asian Market Performance: Most Asian stocks rose on Friday, driven by a surge in Chinese shares following the central bank's commitment to cut interest rates, although concerns over escalating trade tensions limited gains in other markets.
U.S.-China Trade Tensions: President Trump's tariff threats against European goods have heightened trade tensions, impacting global supply chains and affecting Asian economies that rely heavily on exports to the U.S. and Europe.
Analyst Views on PSI
Wall Street analysts forecast PSI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PSI is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 95.300
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Current: 95.300
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
