CHINA STOCK MARKET LIKELY TO BE RED

Highlights:

• China Stock Market remained closed on Thursday and Friday due to the Dragon Boat Festival.
• Before reopening, the China Stock Market has moved higher in back-to-back trading days with a gain of 15 points which is equivalent to 0.5 percent.
• The Shanghai Composite Index (SCI) now rests just above the 2,980 point plateau however, it is likely to slump this week.