Shanghai: Stocks close down 3.23% on economy fears
[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
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
China to facilitate Hong Kong IPOs and expand Stock Connect
Global equity funds see surge in outflows as rate cut hopes fade
Israel hits back, markets react; STI down 0.4%
Oil jumps, equities fall as Iran blasts fan Middle East tensions
Tokyo: Nikkei index tumbles 3% in morning trade
Singapore shares open higher on Friday; STI up 0.2%