China market extends losses

Mainland China's stock market ended lower for a third-straight day in volatile trade on Tuesday, 28 July 2015, despite an unprecedented effort by the government of the world's second largest economy to shore up prices following a month-long rout. The benchmark Shanghai Composite Index ended 62.56 points, or 1.68%, down at 3663 points, after falling as much as 5% and rising as much as 1% earlier. The index has shed 11% since Friday and down nearly 30% from its mid-June high. The Shenzhen Composite Index, which tracks stocks on China's second exchange, declined 2.24%, or 48.39 points, to 2111.70 points.

Powered by Capital Market - Live News