China and the world’s most valuable company PetroChina Co posted frofit and beat analysts estimates on record earning from oil refining. because china goverment raised fuel prices and china economy recovery spurred demand.
Source: Bloomerg.com
my personal view........ this is very good news for Asian market and we will see this news effect on monday morning when Asian market will open. China and Asian market will open strong on monday. Indian market may also open strong on monday morning
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