China Stock Market May See Continued Consolidation
BEIJING (dpa-AFX) - The China stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day losing streak in which it had retreated almost 60 points or 2.7 percent. The Shanghai Composite Index now rests just above the 3,525-point plateau and it may take further damage on Friday.
The global forecast for the Asian markets suggests consolidation on concerns over the spread of the coronavirus variant. The European and U.S. markets were down and the Asian markets are tipped to open in similar fashion.
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