Shanghai Composite falls 1.82% from 18-month high

Mainland China share market closed sharply lower on Tuesday, 16 September 2014, amid profit booking in anticipation of a rise in interest rates in the United States and after report showing foreign direct investment sank to a four-year low in August. All 10 SSE sectors declined, with shares of consumer companies reliant on economic growth being major losers. The benchmark Shanghai Composite declined 42.58 points to finish at 2296.56 after ending at fresh 18-month highs in the previous two sessions. The CSI 300 index declined 48.43 points to 2388.76.

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