India, April 28 -- The China stock market has moved higher in three straight sessions, gathering almost 70 points or 2.2 percent along the way. The Shanghai Composite Index now sits just beneath the 3,090-point plateau and it's expected to open in the green again on Monday.
The global forecast for the Asian markets is positive on upbeat inflation data and support from the oil and technology companies. The European and U.S. markets were firmly higher and the Asian bourses are expected to open in similar fashion.
The SCI finished sharply higher on Friday following gains from the property stocks and resource companies, while the financials were soft.
For the day, the index climbed 35,74 points or 1.17 percent to finish at 3,088.64 after tra...