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China stocks extend rout

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Capital Market
Last Updated : Jul 08 2015 | 12:01 AM IST
China's stock market tumbled again on Tuesday, 07 July 2015, defying raft of government support measures unleashed over the weekend to calm jittery investors that has wiped an estimated $3.2 trillion off markets and threatens the world's number-two economy. The Shanghai Composite Index dropped 48.79 points, or 1.29%, to end at 3727.12. The Shenzhen Composite Index, which tracks stocks on China's second exchange, slumped 5.34%, or 109.02 points, to 1,932.83 .China's benchmark stock index has registered fourth session of the drop in past five sessions.

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First Published: Jul 07 2015 | 3:59 PM IST

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