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Shanghai composite index rises above the 3000 level mark

The Shanghai composite index is rising again above the 3000 degree with a acquire of 0.40% close to the beginning of buying and selling. The index is now up on the yr. The index closed 2023 at 2974.93. The low for the yr reached all the way down to 2635.08 earlier than rebounding and retracing the declines.

The worth of the index can also be again above the 100-day MA at 2970.53.

This text was written by Greg Michalowski at www.forexlive.com.

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