China Stock Market May Open To The Upside
The China stock market is expected to open higher on Thursday, driven by optimism over an end to hostilities in the Middle East and gains in European and US markets. The Shanghai Composite Index rose 1.46% to 3,948.55 on Wednesday, led by gains in property and resource stocks.
The China stock market rebounded on Wednesday, with the Shanghai Composite Index rising 1.46% to 3,948.55. The index is expected to open higher on Thursday, driven by optimism over an end to hostilities in the Middle East. The global forecast is upbeat, with European and US markets rising. The SCI finished sharply higher on Wednesday, led by gains in property and resource stocks. The Shenzhen Composite Index also rose, gaining 1.65% to 2,577.23. The lead from Wall Street is firm, with the Dow, NASDAQ, and S&P 500 all rising on Wednesday.
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