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Shanghai stocks plumb six-month low as investors sell blue chips


Thursday, 8 February 2018 14:37 WIB

Indeks Shanghai CompositeSaham Cina Shanghai compositeCSI 300 Blue-ChipShenzhen Composite Index


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China stocks ended lower to post a third consecutive session of losses on Thursday, with the benchmark Shanghai index hitting a six-month low, even as data showed the country's trade performance in January exceeded expectations.

Investors dumped blue chips, including energy and banking firms, as well as infrastructure and property companies.

At the close, the Shanghai Composite index was down 47.11 points or 1.42 percent at 3,262.15.

The blue-chip CSI300 index was down 0.96 percent. Its financial sector sub-index fell 2.61 percent, the consumer staples sector was up 1.67 percent, the real estate index fell 1.59 percent and healthcare sub-index was up 1.31 percent.

The smaller Shenzhen index ended 1.18 percent higher and the start-up board ChiNext Composite index rose 1.55 percent.

Source: Reuters


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