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December 15, 2020
China Stock Market Waiting On Economic Data BEIJING (dpa-AFX) - The China stock market has finished higher in two of three trading days since the end of the three-day slide in which it had fallen almost 75 points or 2.1 percent. The Shanghai Composite Index now sits just beneath the 3,370-point plateau and its direction likely will be determined by data to be released shortly after the market opens. The global forecast for the Asian markets is murky, with Covid-19 surging even as treatment vacc...
December 14, 2020
China Stock Market Called Rangebound On Monday BEIJING (dpa-AFX) - The China stock market headed south again on Friday, one day after it had ended the three-day slide in which it had fallen almost 75 points or 2.1 percent. The Shanghai Composite Index now sits just above the 3,345-point plateau and it has a fairly flat lead for Mondays trade. The global forecast for the Asian markets is mixed, thanks to a combination of coronavirus concerns, coronavirus vaccines and expected profit taking. The ...
December 10, 2020
China Stock Market May Extend Losing Streak BEIJING (dpa-AFX) - The China stock market has finished lower in three straight sessions, sinking almost 75 points or 2.1 percent along the way. The Shanghai Composite Index now sits just above the 3,370-point plateau and it may take further damage again on Thursday. The global forecast for the Asian markets suggests consolidation after several days of gains. The European and U.S. markets were firmly negative and the Asian bourses are predicted to fol...