Shanghai: Stocks slump 3.21% on opening
Published Tue, Jul 7, 2015 · 01:43 AM
[SHANGHAI] China's benchmark Shanghai stock index opened down 3.21 per cent on Tuesday, wiping out short-lived gains from a day earlier after the government unveiled a new package of measures to boost the slumping market.
The Shanghai Composite Index dropped 121.13 points to 3,654.78. The Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 3.50 per cent, or 71.47 points, to 1,970.38.
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
Asia: Stocks rise on earnings optimism as US data approaches
Singapore stocks climb at Wednesday’s open; STI up 0.4%
Stocks to watch: MPACT, CapitaLand Ascott Trust, Hotel Properties, OUE Reit, CLCT
Europe: Tech, retail stocks boost Stoxx 600 to one-week high
US: Stocks climb for second straight day
Euro at highest to yen since 2008, markets nervy over Tokyo stepping in