Business Standard

China Stocks closed mixed

Image

Capital Market
Mainland China stock market closed little changed on Thursday, 07 July 2016, as investors feared further weakness in the yuan and instability in Europe, one of the country's biggest export markets. News of a rise in non-performing loans at the country's banks also rattled investors. But continued expectations of more stimulus measures for the struggling economy helped to keep losses in check. Sector performance was mixed with consumer stocks, resources, and healthcare posting gains, while banks slid on worries about growing bad loans. The CSI300 index of the largest listed companies in Shanghai and Shenzhen dropped 0.21%, to 3209.95, while the Shanghai Composite Index fell slightly 0.01%, to 3016.85 points.

Powered by Capital Market - Live News

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 07 2016 | 3:54 PM IST

Explore News