Page 56 - Poly Developments News Today

China Bourse Tipped To Snap Winning Streak BEIJING (dpa-AFX) - The China stock market has climbed higher in three straight sessions, gathering more than 40 points or 1.2 percent along the way. The Shanghai Composite Index now rests just above the 3,460-point plateau although its expected to run out of steam on Thursday. The global forecast for the Asian markets suggests consolidation on rising inflation and concerns over the outlook for interest rates. The European markets were up and the U.S. ...

Rally Expected To Stall For China Stock Market BEIJING (dpa-AFX) - The China stock market has moved higher in two straight sessions, gathering more than 20 points or 0.6 percent along the way. The Shanghai Composite Index now rests just above the 3,440-point plateau although its likely to run out of steam on Wednesday. The global forecast for the Asian markets suggests consolidation on concerns over the outlook for interest rates and stimulus. The European and U.S. markets were firmly lower and...

Renewed Consolidation Called For China Stock Market BEIJING (dpa-AFX) - The China stock market on Monday ended the three-day losing streak in which it had retreated more than 50 points or 1.7 percent. The Shanghai Composite Index now rests just above the 3,425-point plateau although its likely to head south again on Tuesday. The global forecast for the Asian markets is soft, with technology stocks expected to lead the markets lower - although crude oil prices offer mild support. The European ma...

China Stock Market Tipped To Halt Losing Streak BEIJING (dpa-AFX) - The China stock market has moved lower in three straight sessions, sinking more than 50 points or 1.7 percent along the way. The Shanghai Composite Index now rests just beneath the 3,420-point plateau although its due for support on Monday. The global forecast for the Asian markets is positive on optimism for the outlook for interest rates. The European and U.S. markets were up and the Asian bourses are tipped to follow suit. T...

China Stock Market Tipped To Halt Its Slide On Friday BEIJING (dpa-AFX) - The China stock market has finished lower in back-to-back sessions, dropping more than 30 points or 1 percent along the way. The Shanghai Composite Index now rests just above the 3,440-point plateau although it may find traction on Friday. The global forecast for the Asian markets suggests mild upside, with optimism for economic recovery offset by the latest coronavirus surge in Japan and India. The European and U.S. mark...

Lower Open Predicted For China Stock Market BEIJING (dpa-AFX) - Ahead of the break for Labor Day, the China stock market had halted the three-day winning streak in which it had advanced almost 35 points or 1 percent. The Shanghai Composite Index now rests just above the 3,445-point plateau and its expected to open under pressure Thursday as it catches up on missed sentiment. The global forecast for the Asian markets is upbeat, with bargain hunting likely amid optimism for a strong economic rebo...

Win Streak May Continue For China Stock Market BEIJING (dpa-AFX) - The China stock market has finished higher in three straight sessions, collecting almost 35 points or 1 percent along the way. The Shanghai Composite Index now rests just beneath the 3,475-point plateau and it may extend its gains on Friday. The global forecast for the Asian markets is upbeat thanks to solid earnings news and rising crude oil prices. The European markets were down and the U.S. bourses were up and the Asian marke...

China Stock Market May Spin Its Wheels On Thursday BEIJING (dpa-AFX) - The China stock market has moved higher in two straight sessions, collecting more than 15 points or 0.5 percent along the way. The Shanghai Composite Index now rests just above the 3,455-point plateau although it may run out of steam on Thursday. The global forecast for the Asian markets is mixed to lower on mixed earnings news and rising crude oil prices. The European markets were up and the U.S. bourses were down and the A...

China Bourse Predicted To Remain Rangebound BEIJING (dpa-AFX) - The China stock market has moved higher in two of three trading days since the end of the three-day slide in which it had stumbled almost a dozen points or 0.3 percent. The Shanghai Composite Index now rests just above the 3,440-point plateau and its expected to remain in that neighborhood again on Wednesday. The global forecast for the Asian markets is flat to lower ahead of the Federal Reserves monetary policy statement later tod...

BEIJING (dpa-AFX) - The China stock market headed south again on Monday, one session after it had ended the three-day slide in which it had stumbled almost a dozen points or 0.3 percent. The Shanghai