China Stock Market Has A Green Light For Wednesday's Trade

Financial world news, market analysis, investment scam prevention tips and more ✔️ Learn all there is to know about the asset management industry. This magazine is crafted specifically for those who are interested in diving into the global asset management world. (RTTNews) - The China stock market has finished higher in two of three trading days since the end of the two-day losing streak in which it had retreated almost 30 points or 1 percent. The Shanghai Composite Index now sits just beneath the 3,330-point plateau and it's for a firm lead again for Wednesday. The global forecast for the Asian markets is mixed to higher on renewed optimism for economic stimulus in the face of the coronavirus pandemic. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead. The SCI finished modestly higher on Tuesday as gains from the energy producers were offset by weakness from the financials and properties. For the day, the index gained 15.44 points or 0.47 percent to finish at the daily high of 3,328.10 after moving as low as 3,293.77. The Shenzhen Composite Index spiked 29.86 points or 1.33 percent to end at 2,279.38. Among the actives, Industrial and Commercial Bank of China dropped 0.80 percent, while Bank of China sank 0.93 percent, China Construction Bank tanked 2.61 percent, China Merchants Bank eased 0.05 percent, Bank of Communications shed 0.65 percent, China Life Insurance To keep reading about China Stock Market Has A Green Light For Wednesday's Trade, Click on the link. Seoul, Korea
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