China’s major stock indexes fell on Friday to post their worst week in more than one month, as sentiment soured after U.S. President Donald Trump called off a planned June meeting with North Korean leader Kim Jong Un.
The blue-chip CSI300 index fell 0.3 percent to 3,816.50 points, while the Shanghai Composite Index ended down 0.4 percent at 3,141.30 points.
For the week, SSEC slid 1.6 percent, while CSI300 declined 2.2 percent, posting their worst weekly drops since late April. Trump on Thursday called off a historic summit with North Korean leader Kim Jong Un scheduled for next month, citing Pyongyang’s “open hostility”, and warned that the U.S. military was ready in the event of any reckless acts by North Korea.
Source : Reuters