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China Market closes softer

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Capital Market
The Mainland China equity market closed session slight lower on Friday, 11 May 2018, due to profit booking after strong rally this week and concerns over trade frictions between the United States and China. Chinese officials are expected to meet their U.S. counterparts in Washington for a second round of negotiations next week, after talks last week in Beijing made little progress. The Shanghai Composite Index ended down 0.4% to 3,163.26. For the week, the Shanghai Composite index rose 2.3%.

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First Published: May 12 2018 | 1:18 AM IST

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