DJIA26548.22
LIVE-179.32(-0.67%)
NDX7591.54
LIVE-131.48(-1.70%)

China Stocks Post Worst Loss in 3 Weeks, Developers and Banks Drag


Monday, 16 April 2018 14:41 WIB

SahamChina Indeks CSI


c_740_198_16777215_00_images_assets_CHINA_6SILO-CHINASTOCKS-052217-adobe.jpg

China major stock indexes fell more than 1 percent on Monday, posting their worst day in three weeks, on worries that slowing credit growth and tightening regulatory requirements will start to weigh on the country’s economy later in the year.

The blue-chip CSI300 index ended down 1.6 percent at 3,808.86, while the Shanghai Composite Index slid 1.5 percent to 3,110.65 points.

Main sectors dropped across the board, led by real estate and banking firms.

First-quarter GDP data on Tuesday is expected to show the economy carried most of its growth momentum from last year into early 2018, with analysts predicting an expansion of 6.7 percent on-year, only marginally softer than the 6.8 percent reported in the fourth quarter, according to a Reuters poll.

Source : Reuters


RELATED NEWS

  • Tokyo stocks opened lower on Wednesday, extending falls on Wall Street as investors fled to safe haven assets amid tensions between the US and Iran and ahead of the G20 summit this week. The benchmar...

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.