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Shanghai Composite Index Falls 0.6%; AgBank Leads Decline


Tuesday, 25 September 2018 14:38 WIB

Indeks Shanghai CompositeSaham ChinaCSI 300Shanghai composite


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China stocks fell in the first day of trading since the U.S. slapped tariffs on $200 billion in Chinese goods.

The Shanghai Composite Index closed down 0.6 percent at 2,781.14 in Shanghai. The move was the biggest since falling 1.1 percent on Sept. 17 and follows the previous session's increase of 2.5 percent. CSI 300 Index fell 0.9% to 3,379.8 at close.

Agricultural Bank of China Ltd. contributed the most to the index decline, decreasing 1.8 percent. HNA Technology Co. had the largest drop, falling 10.0 percent.

Today, 922 of 1482 shares fell, while 485 rose; all sectors were lower, led by conglomerate stocks.

The Chinese yuan weakened against the U.S. dollar to 6.8615 from 6.8571. (Sdm)

Source: Bloomberg


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