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Chinese Shares Close Lower at Midday Despite Eased Inflation
Nov 9, 2011 13:16Source:SMM
China's stocks ended lower at midday Wednesday despite eased inflation rate in October.
BEIJING, Nov. 9 (Xinhua) -- China's stocks ended lower at midday Wednesday despite eased inflation rate in October.
The benchmark Shanghai Composite Index went down 0.35 percent to close the morning session at 2,495.05.
The Shenzhen Component Index dropped 0.64 percent to close at 10,473.44.
China's consumer price index (CPI), a main gauge of inflation, rose 5.5 percent year-on-year in October, weakening from September's growth of 6.1 percent, the National Bureau of Statistics (NBS) said on Wednesday.
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