authorizing (0) (0)    Advanced Search

Follow us @  | 

weather icon

Shanghai

Mostly Cloudy/Haze

°C  | °F 23°C 31°C

Shanghai Daily,上海日报
Latest news:

Home » Business

Investors’ selloff hits shares

SHANGHAI shares fell yesterday as investors’ profit-taking offset gains made by brokerages.

The Shanghai Composite Index lost 0.85 percent to 3,202.08 points. For the week, the barometer gained 0.17 percent.

Most sectors fell, including industrial, telecom and infrastructure shares. Lingyuan Iron & Steel Co lost 4.61 percent to 3.52 yuan (51 US cents), China United Network Communications Ltd fell 3.42 percent to 6.50 yuan, and Hunan Tyen Machinery Co slid 4.26 percent to 12.82 yuan.

However, brokerages gained as the China Financial Futures Exchange eased curbs on domestic stock index futures trading by reducing margin requirements for transactions and commission fees from yesterday.


 

Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号

Email this to your friend