The end of the week saw a strong recovery in the Swiss stock market, particularly in the demand for shares of Lonza and Logitech. Additionally, oil prices experienced a significant increase, reflecting the ongoing dynamics of the market.

In China, the Caixin/S&P Global PMI for the manufacturing sector indicated a rise in October, suggesting a gradual recovery in the world's second-largest economy. However, challenges persist in the labor market, and price levels remain low. Senior economist Wang Zhe emphasized the importance of a sustained recovery in consumer demand for China to achieve its growth target for 2024. Wang Zhe urged policymakers to focus on effectively increasing household disposable income.

The Shanghai Stock Exchange closed with a gain of 0.6 percent at 3,299.61 points, while the index of major companies in Shanghai and Shenzhen rose by 0.9 percent to 3,924.96 points, reflecting positive sentiment in the market.