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China Shares End Lower as Trade Fears, Lean Growth Rate Sap Sentiment


Friday, 3 August 2018 14:55 WIB

SahamChina Indeks CSI


c_740_198_16777215_00_images_assets_CHINA_0market-china.jpg

Shares in China extended losses on Friday for their worst week since February, as Sino-U.S. trade fears continue to cast gloom over markets, while a vaccine scandal undermined confidence in consumer and healthcare firms, amid a slow domestic growth rate.

At the close, the Shanghai Composite index was down 26.94 points or 1 percent at 2,768.02. For the week, the index lost 4.6 percent, its worst performance since early February.

The blue-chip CSI300 index was down 1.65 percent. It lost 5.9 percent for the week.

The financial sector sub-index closed down 0.46 percent, the consumer staples sector ended 2.1 percent lower, the real estate index ended down 1.8 percent and healthcare sub-index closed 3.34 percent lower.

Source : Reuters


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