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July 30, 2021
China Stock Market Has A Green Light For Friday BEIJING (dpa-AFX) - The China stock market on Thursday snapped the four-day losing streak in which it had plunged more than 210 points or 6.1 percent. The Shanghai Composite Index now rests just above the 3,410-point plateau and its expected to extend its gains on Friday. The global forecast for the Asian markets is firm, supported by crude oil and optimism over interest rates. The European and U.S. markets were up and the Asian markets are tipped...
July 29, 2021
China Stock Market See Find Traction On Thursday BEIJING (dpa-AFX) - The China stock market has moved lower in four straight sessions, plummeting more than 210 points or 6.1 percent in that span. The Shanghai Composite Index now rests just above the 3,360-point plateau and its due for support on Thursday. The global forecast for the Asian markets is mixed to higher, with support from oil and technology stocks offset by ongoing Covid-19 concerns. The European markets were up and the U.S. bourses...
July 28, 2021
China Shares May Open Under Continued Pressure BEIJING (dpa-AFX) - The China stock market has finished lower in three straight sessions, plummeting more than 190 points or 5.5 percent in that span. The Shanghai Composite Index now rests just above the 3,380-point plateau and its got another weak lead for Wednesdays trade. The global forecast for the Asian markets is negative on concerns over the coronavirus and for the outlook for interest rates. The European and U.S. markets were down and the ...
July 27, 2021
China Stock Market Due For Support On Tuesday BEIJING (dpa-AFX) - The China stock market has finished lower in two straight sessions, plunging more than 100 points or 3 percent in that span. The Shanghai Composite Index now rests just beneath the 3,470-point plateau although its may see bargain hunting on Tuesday. The global forecast for the Asian markets is murky, with little movement expected among ongoing Covid-19 concerns. The European markets were mixed and flat and the U.S. bourses were ...
July 26, 2021
China Stock Market Expected To See Renewed Support On Monday BEIJING (dpa-AFX) - The China stock market on Friday wrote a finish to the two-day winning streak in which it had advanced almost 40 points or 1.2 percent. The Shanghai Composite Index now rests just above the 3,550-point plateau although its expected to bounce higher again on Monday. The global forecast for the Asian markets is upbeat, with support expected from oil, technology and utility stocks. The European and U.S. markets were f...
July 23, 2021
China Stock Market May Add To Its Winnings On Friday BEIJING (dpa-AFX) - The China stock market has moved higher in consecutive trading days, gathering almost 40 points or 1.2 percent along the way. The Shanghai Composite Index now rests just above the 3,570-point plateau and its looking at a green light again on Friday. The global forecast for the Asian markets is upbeat as they continue to recover from recent selling, supported mainly by crude oil prices. The European and U.S. markets were up...
July 22, 2021
China Stock Market Tipped To Open In The Green BEIJING (dpa-AFX) - The China stock market on Wednesday wrote a finish to the three-day losing streak in which it had fallen almost 30 points or 0.8 percent. The Shanghai Composite Index now rests just above the 3,560-point plateau and its expected to add to its winnings on Thursday. The global forecast for the Asian markets is positive, led by a strong rebound in energy stocks. The European and U.S. markets were up and the Asian bourses are predic...
July 21, 2021
Higher Open Predicted For China Stock Market BEIJING (dpa-AFX) - The China stock market has finished lower in three straight sessions, slipping almost 30 points or 0.8 percent along the way. The Shanghai Composite Index now rests just above the 3,535-point plateau although it may find traction on Wednesday. The global forecast for the Asian markets is broadly positive, with bargain hunting expected for the oversold bourses. A spike in crude oil prices is also expected to provide support. The Eu...
July 20, 2021
China Stock Market May Face Continued Consolidation BEIJING (dpa-AFX) - The China stock market has finished lower in two straight sessions, slipping more than 25 points or 0.7 percent along the way. The Shanghai Composite Index now rests just beneath the 3,540-point plateau and it may take further damage on Tuesday. The global forecast for the Asian markets is broadly negative on renewed Covid-19 concerns and the resulting plunge in crude oil prices. The European and U.S. markets were sharply l...
July 16, 2021
Lower Open Predicted For China Stock Market BEIJING (dpa-AFX) - The China stock market bounced higher again on Thursday, one session after ending the two-day winning streak in which it had gathered more than 40 points or 1.2 percent. The Shanghai Composite Index now rests just beneath the 3,565-point plateau although its likely to open under pressure again on Friday. The global forecast for the Asian markets is soft on sinking crude oil prices and renewed Covid-19 concerns. The European markets...