China: Shanghai stocks close down 3.55% on economic gloom
[SHANGHAI] Shanghai stocks closed down 3.55 per cent on Friday, hit by worries over China's slowing growth ahead of the release of gross domestic product figures next week, dealers said The benchmark Shanghai Composite Index tumbled 106.68 points to 2,900.97, on turnover of 206.6 billion yuan (US$31.5 billion).
The Shenzhen Composite Index, which tracks stocks on China's second exchange, slumped 3.40 per cent, or 63.24 points, to 1,796.13 on turnover of 331.7 billion yuan.
AFP
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Singapore stocks end lower after US market wobbles ahead of CPI data; STI down 0.2%
LSEG reports in-line first quarter as Microsoft partnership progresses
Japan brokerage Daiwa’s Q4 profit more than doubles as markets recover
South Korea readies new system to detect illegal short-selling
Asia: Markets mixed as global rally stalls, eyes on yen
Singapore shares retreat at Thursday’s open; STI down 1.1%