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Asian Market Updates

Lower Open Called For China Stock Market

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

The China stock market turned lower again on Tuesday, one day after ending the two-day slide in which it had slipped more than 25 points or 0.6 percent. The Shanghai Composite Index now sits just beneath the 4,080-point plateau and it figures to open in the red again on Wednesday.

The global forecast for the Asian markets is negative on weakness among the tech shares and because of the ongoing conflict in the Middle East and its effect on oil prices. The European markets were mixed and the U.S. bourses were down and the Asian markets figure to split the difference.

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