Financial and cyclical shares cloud index
Print Edition
SHANGHAI stocks slipped yesterday amid a collapse by cyclical shares and financial companies.
The Shanghai Composite Index shed 0.35 percent to 3,117.97 points.
Shanxi Antai Group Co Ltd dropping 5 percent and Yanzhou Coal down 3.07 percent.
Oil and petrochemical companies were also among the biggest decliners. Sinopec Group lost 2.74 percent to 6.75 yuan, and Zhongman Petroleum&Natrl Gas Grp Corp Ld fell 1.8 percent.
Financial shares also gave up their Tuesday’s gains.
The Industrial Bank Co Ltd fell 1.89 percent, China Minsheng Bank Corp Ltd shed 1.65 percent and the Industrial and Commercial Bank of China Ltd lost 1.48 percent.
New Life Insurance, Ping An Insurance and Pacific Securities Co Ltd also took their cue from the general decline in the market.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
