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China Stocks Slide More than 1.7% Monday on Gloomy Economic Outlook

iconSep 19, 2011 17:09
Source:SMM
China's stocks widened their losses and fell across the board on Monday over concerns that the economy may slow further in the coming months of the year and in 2012.

BEIJING, Sept. 19 (Xinhua) -- China's stocks widened their losses and fell across the board on Monday over concerns that the economy may slow further in the coming months of the year and in 2012.

The benchmark Shanghai Composite Index dropped 1.79 percent, or 44.55 points, to end at 2,437.8. The Shenzhen Component Index tumbled 2.03percent, or 220.6 points, to finish at 10,657.63.

 

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