China Opens Higher After Week Holiday/1 YR Foreign Equity Returns

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By CHAO DENG
Updated Oct. 7, 2015 10:17 p.m. ET
0 COMMENTS
Chinese stocks rose sharply Thursday, catching up to a rally in global equities after the market was closed for a week-long holiday.

The Shanghai Composite Index was up 3.5% at 3158.90, putting its gains since the lowest point of a painful summer selloff at more than 7%. The benchmark is still off 39% from its June peak.

Valuations in Chinese domestic shares have fallen to less-concerning levels and the “repair is almost done,” wrote Kinger Lau, an analyst at Goldman Sachs, in a note earlier. The mainland market has fallen to trade at a ratio of 11 times price-to-earnings on a market-capped basis, although its median valuation is still 20 times.
http://www.wsj.com/articles/asian-shares-make-muted-start-1444268128

Columbus Day Schedule (From Schwab )

US Markets, Monday, October 12, 2015
This is a federal/bank holiday in observance of Columbus Day. Although this is a trading day, it is not a settlement day. Some Mutual Funds will not be trading on Monday October 12, 2015.
The Bond Market will be closed

Other Market Closures Next Week
10/12/2015 Monday Columbus Day Santiago Stock ExchangeCHILE

10/12/2015 Monday Health-Sports Day Tokyo Stock ExchangeJAPAN

10/12/2015 Monday Our Lady of Aparecida Sao PauloBRAZIL

10/12/2015 Monday Thanksgiving Toronto Stock ExchangeCANADA

http://markets.on.nytimes.com/research/markets/holidays/holidays.asp?display=all

Is The Recent Pop In Foreign Equities A Sign Of Things To Come?
By James Picerno | Oct 8, 2015 at 07:04 am EDT The Capital Spectator


http://www.capitalspectator.com/is-the-recent-pop-in-foreign-equities-a-sign-of-things-to-come/