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 it s 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 were mixed and the Asian markets figure to split the difference.
The SCI finished modestly lower on Wednesday following losses from the resource stocks, support from the financials and a mixed picture from the properties.
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