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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 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 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. ....
China Shares May Open Under Continued Pressure BEIJING (dpa-AFX) - The China stock market has finished lower in three straight sessions, plummeting more than 190 points or 5.5 percent in that span. The Shanghai Composite Index now rests just above the 3,380-point plateau and it s got another weak lead for Wednesday s trade. The global forecast for the Asian markets is negative on concerns over the coronavirus and for the outlook for interest rates. The European and U.S. markets were down and the Asian bourses are expected to follow that lead. The SCI finished sharply lower again on Tuesday with damage across the board on concerns that a regulatory crackdown by China would impacting a range of industries including private education and technology. ....
China Stock Market Due For Support On Tuesday BEIJING (dpa-AFX) - The China stock market has finished lower in two straight sessions, plunging more than 100 points or 3 percent in that span. The Shanghai Composite Index now rests just beneath the 3,470-point plateau although it s may see bargain hunting on Tuesday. The global forecast for the Asian markets is murky, with little movement expected among ongoing Covid-19 concerns. The European markets were mixed and flat and the U.S. bourses were slightly higher and the Asian markets figure to split the difference. The SCI finished sharply lower on Monday following heavy damage among the financials, properties and insurance companies. ....