China stock market ends four-day losing streak, Shanghai Composite Index rises above 2,890-point mark.
The China stock market is expected to extend its gains from Friday, as it ended a four-day losing streak, with the Shanghai Composite Index now resting above the 2,890-point mark. The global forecast for the Asian markets is positive due to an improved outlook for interest rates, with European and US markets also performing well. The SCI finished slightly higher on Friday, with gains from property and resource stocks offset by weakness in the financial sector.
July 29, 2024
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