DJIA27677.79
LIVE0(0.00%)
NDX8308.40
LIVE0(0.00%)

China stocks fall on weak factory inflation, trade war worries


Wednesday, 12 June 2019 15:12 WIB

SahamChinaIndeks Shanghai Composite Indeks CSICSI 300


c_740_198_16777215_00_images_assets_CHINA_0market-china.jpg

China stocks fell on Wednesday after the previous session’s rally, as weak factory inflation data and prospects of an escalation in the Sino-U.S. trade war curbed risk appetite.

The blue-chip CSI300 index fell 0.8%, to 3,691.10 points, while the Shanghai Composite Index lost 0.6%, to 2,909.38 points. China's factory gate inflation slowed amid sluggish commodity demand and faltering manufacturing activity, reinforcing worries about slowing economic growth.

In a sign that trade tensions could intensify, U.S. President Donald Trump on Tuesday defended the use of tariffs as part of his trade strategy while China vowed a tough response if the United States insists on escalating trade tensions.

Source : Reuters


RELATED NEWS

  • European shares inched higher on Friday as comments from U.S. President Donald Trump that trade talks with China were “moving right along” helped inject some calm into the markets after a rocky week. ...
  • Hong Kong closed more than one percent higher Friday, boosted by renewed hopes that China and the United States will eventually reach a partial trade deal. The Hang Seng index added 1.07 percent, or ...

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.