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Asian Market Updates

Higher Open Predicted For China Stock Market

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

The China stock market headed south again on Monday, one session after it had ended the two-day slide in which it had fallen more than 60 points or 2.4 percent. The Shanghai Composite Index now rests just above the 2,600-point plateau although it's looking at a firm lead for Tuesday.

The global forecast for the Asian markets is cautiously optimistic, with bargain hunting expected after heavy selling in recent sessions. The European markets were down and the U.S. bourse rebounded to end higher - and the Asian markets figure to follow the latter lead.

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