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Mild Upside Predicted For China Stock Market

Mild Upside Predicted For China Stock Market BEIJING (dpa-AFX) - The China stock market has finished higher in two of three trading days since the end of 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 beneath the 3,465-point plateau and it s looking at a steady start on Tuesday. The global forecast is mixed to lower, with crude oil prices and covid concerns expected to weigh on sentiment. The European markets were up and the U.S. bourses were mostly lower and the Asian markets are tipped to follow the latter lead.

China Stock Market Has A Green Light For Friday

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 it s 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 to follow suit. The SCI finished sharply higher on Thursday following gains from the financial shares and resource stocks, while the properties were mixed.

China Stock Market See Find Traction On Thursday

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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