Shanghai stocks extend declines, energy firms lead losses

China stocks ended lower on Tuesday, with the Shanghai benchmark index down for a third session, dented by energy firms following a sharp decline in crude oil prices.

The blue-chip CSI300 index closed 0.7 percent down at 3,449.38, while the Shanghai Composite Index ended 0.6 percent lower at 2,798.13 points.

An index tracking major energy firms closed down 2 percent.

Oil prices dropped for a second day on Tuesday as worries about possible disruptions to supply eased and as investors focused on potential damage to global growth from the festering Sino-U.S. trade spat.

Sentiment was also curbed by lingering worries over the U.S.- China trade war.

So far this year, the Shanghai stock index is down 15.4 percent, the CSI300 fell 14.4 percent, while China’s H-share index listed in Hong Kong is down 9.6 percent. Shanghai stocks have declined 1.71 percent this month.

Source: Reuters

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Hong Kong stocks end slightly up but Shanghai drops (Review)

Hong Kong stocks ended slightly higher but Shanghai retreated on Monday as data showed growth in China’s economy slowed in the second quarter.

The Hang Seng Index gained 0.05 percent, or 14.22 points, to 28,539.66.

The benchmark Shanghai Composite Index shed 0.61 percent, or 17.14 points, to 2,814.04 and the Shenzhen Composite Index, which tracks stocks on China’s second exchange, eased 0.10 percent, or 1.61 points, to 1,602.84.

Sumber : AFP

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Sumber : bpfnews.com

Hong Kong stocks end slightly up but Shanghai drops

Hong Kong stocks ended slightly higher but Shanghai retreated on Monday as data showed growth in China’s economy slowed in the second quarter.

The Hang Seng Index gained 0.05 percent, or 14.22 points, to 28,539.66.

The benchmark Shanghai Composite Index shed 0.61 percent, or 17.14 points, to 2,814.04 and the Shenzhen Composite Index, which tracks stocks on China’s second exchange, eased 0.10 percent, or 1.61 points, to 1,602.84.

Sumber : AFP

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Sumber : bpfnews.com

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