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China Stocks fall on slowdown woes

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Capital Market
The Mainland China equity market closed lower on Friday, 16 June 2017, as investors sentiment was soured by renewed concerns about slowdown in the world's second-biggest economy after weak producer inflation and investment data. The Shanghai Composite Index fell 0.3%, or 9.32 points, to 3,123.17 while the CSI 300 which tracks the large caps listed in Shanghai and Shenzhen dropped 0.3%, or 10.03 points, to 3,518.76. The Shenzhen Composite Index lost 0.2%, or 3.66 points, to 1,866.05 while the Nasdaq style ChiNext shed 0.3%, or 6.21 points, to 1810.05. For the week, CSI300 dropped 1.6%, while Shanghai Composite Index contracted 1.1%.

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First Published: Jun 16 2017 | 5:01 PM IST

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