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China Market falls 0.7%

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Capital Market
China share market closed session down on Wednesday, 16 May 2018, as renewed geopolitical worries over Korean peninsula after North Korea pulled out of high-level talks with Seoul and surging U.S. bond yields to the highest level in seven years dampened sentiment. Markets participants were also in risk averse mood ahead of Chinese Vice Premier Liu He's May 15-19 visit to Washington for a second round of trade negotiations. The blue-chip CSI300 index fell 0.8%, to 3,892.84, while the Shanghai Composite Index lost 0.7% to 3,169.57 points.

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First Published: May 16 2018 | 3:20 PM IST

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