Home / Metal News / China Stocks Plunge to Eight Month Low

China Stocks Plunge to Eight Month Low

iconMay 7, 2010 09:02

BEIJING, May 7 -- Chinese equities dropped to an eight-month low Thursday, led by energy and banking shares.

The benchmark Shanghai Composite Index tumbled 4.11 percent to close at 2,739.70 points.

The Shenzhen Component Index fell 5.28 percent to 10,422.56 points.

Total turnover expanded to 204.18 billion yuan ($29.9 billion) from 194.45 billion yuan on the previous trading day.

Losers outnumbered gainers by 824 to 62 in Shanghai and 839 to 78 in Shenzhen.
 

global economy
Stock market stock share
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn