The China stock market on Friday wrote a finish to the six-day winning streak in which it had gained more than 200 points or 3 percent. The Shanghai Composite Index now rests just above the 3,570-point plateau although it may rebound at the open on Monday.
The global forecast for the Asian markets suggests a higher open on hopes for additional stimulus and surging oil prices. The European and U.S. markets were up on Friday and the Asian bourses are tipped to at least open in similar fashion, although profit taking may set in later.
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