BEIJING (dpa-AFX) - The China stock market has moved higher in three straight sessions, gathering almost 75 points or 2.1 percent along the way. The Shanghai Composite Index now rests just above
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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 May Add To Its Winnings On Friday
BEIJING (dpa-AFX) - The China stock market has moved higher in consecutive trading days, gathering almost 40 points or 1.2 percent along the way. The Shanghai Composite Index now rests just above the 3,570-point plateau and it s looking at a green light again on Friday.
The global forecast for the Asian markets is upbeat as they continue to recover from recent selling, supported mainly by crude oil prices. The European and U.S. markets were up and the Asian bourses figure to open in similar fashion.
The SCI finished modestly higher on Thursday following gains from the financial shares and resource stocks, while the properties were mixed.
China Stock Market Tipped To Open In The Green
BEIJING (dpa-AFX) - The China stock market on Wednesday wrote a finish to the three-day losing streak in which it had fallen almost 30 points or 0.8 percent. The Shanghai Composite Index now rests just above the 3,560-point plateau and it s expected to add to its winnings on Thursday.
The global forecast for the Asian markets is positive, led by a strong rebound in energy stocks. The European and U.S. markets were up and the Asian bourses are predicted to follow that lead.
The SCI finished modestly higher on Wednesday as gains from the resource stocks were dented by weakness from the financials and properties.