You are here

China: Shares close heavily down

Monday, June 29, 2015 - 15:20

FuyangBroker290615.jpg
Chinese shares closed heavily down Monday after a rollercoaster ride, despite a surprise interest rate cut at the weekend.

[SHANGHAI] Chinese shares closed heavily down Monday after a rollercoaster ride, despite a surprise interest rate cut at the weekend.

The benchmark Shanghai Composite Index dived 3.34 per cent, or 139.84 points, to 4,053.03 on turnover of 904.2 billion yuan ($147.8 billion), having been as much as 7.58 per cent down.

The Shenzhen Composite Index, which tracks stocks on China's second exchange, plummeted 6.06 per cent, or 151.56 points, to 2,351.40 on turnover of 631.2 billion yuan.

AFP

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom