Shanghai: Stocks close down 3.23% on economy fears
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[SHANGHAI] Shanghai stocks dropped 3.23 per cent by the close on Thursday, as worries persisted over the slowing domestic economy and its impact on global growth.
The benchmark Shanghai Composite Index tumbled 96.21 points to 2,880.48 on turnover of 203.6 billion yuan (S$44.6 billion).
The Shenzhen Composite Index, which tracks stocks on China's second exchange, slumped 4.01 per cent, or 75.32 points, to 1,800.99 on turnover of 332.6 billion yuan.
AFP
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Middle East-linked energy supply shocks put Asean Power Grid back in focus