Asian Markets Maintain Weakness, Nikkei Boosted by Weaker Yen
China’s Shanghai Composite Index closed higher last week and broke the seven-week losing streak. However, the Shanghai Composite Index started this week on a weaker note and declined in the first two trading days amid the weak market sentiment. The Shanghai Composite Index opened slightly higher on July 18, lost strength as the day progressed, and closed the day at one-week low price levels.