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1.Market Observations, 8.Was Sticky

28 Aug 2015 (AFR) – China sharemarket about turn as investors see buying opportunity

(28 August 2015, AFR, p29, by Angus Grigg )

‘Chinese stocks snapped five days of losses amid suggestions state-backed funds were in the market buying shares, in an effort to help revive investor confidence. The Shanghai Composite Index jumped 5.3 percent to 3083.6 on Thursday, with all of the gains coming in the last 45 minutes of trade. The government took the opportunity to have a swipe at foreign media for feeding the recent collapse.’

Read more at AFR.com (might need AFR login access)

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Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

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