Tag: Shanghai Composite Index

• Tuesday, January 5th 2016 - 08:57 UTC

  Chinese markets recover after Monday's trading suspension; central bank injects funds

  

  Mainland Chinese shares recovered early losses amid volatile swings, following Monday's suspension of trading which led to a global equities sell-off. The Shanghai Composite was up 0.8% at 3,324.27 after opening more than 3% lower, while the Hang Seng also changed direction to head up 0.1% to 21,342.09.

• Tuesday, September 29th 2015 - 05:31 UTC

  A new bout of losses in Asian markets over fears of growth and lower commodities prices

  

  Asian shares have headed sharply lower, following the rout in global equities as fears over growth and lower commodity prices grow. Japanese shares hit an eight-month low as investors awaited the Bank of Japan's Tankan quarterly business confidence survey, due on Wednesday.

• Wednesday, September 2nd 2015 - 06:01 UTC

  Chinese markets open Wednesday on the slide; Canada enters recession

  

  Asian markets continued to fall on Wednesday, with Shanghai opening down more than 4% amid continuing worries about China's growth. On Tuesday, data suggesting China's manufacturing sector was shrinking at its fastest pace in three years ignited a global market sell-off, resulting in US stocks closing down nearly 3%.

• Tuesday, September 1st 2015 - 06:12 UTC

  China's factory activity contracts at its fastest in three years in August

  

  China's factory activity contracted at its fastest pace in three years in August, confirming fears that the country's growth is continuing to slow. The official manufacturing purchasing managers' index (PMI) dropped to 49.7 from 50 in July.

• Thursday, August 27th 2015 - 04:21 UTC

  Chinese shares timidly return to positive territory: Shanghai Composite up 2.3%

  

  Chinese shares have returned to positive territory after massive losses earlier in the week rocket markets around the globe. The Shanghai Composite was up by 2.3% at 2,991.91 points. The turnaround, though, does little to make up double digit percentage losses made so far this week.

• Wednesday, August 26th 2015 - 07:10 UTC

  Chinese stocks refuse to bounce back; Shanghai Composite dropped 16% this week

  

  Chinese shares continued to lose ground despite the central bank's latest effort to reassure traders. The mainland's benchmark Shanghai Composite was down 1.1% to 2,930.23 points after a volatile open earlier. The index had already fallen about 16% this week, sending shockwaves through global markets.

• Tuesday, August 25th 2015 - 13:32 UTC

  Shanghai Composite down on Tuesday, but European markets rebounding

  

  Shares in London and elsewhere in Europe rebounded at the start of trading on Tuesday, despite another night of steep falls for the Chinese stock market. The FTSE 100 rose 1.6% to 5,994.11, while Germany's Dax and Paris Cac were both up about 1.4%. The gains came after Chinese stocks continued their run of big losses.

• Monday, August 24th 2015 - 09:56 UTC

  Chinese shares fall sharply on Monday; IMF says it's a “necessary adjustment”

  

  Chinese shares continued their sharp fall on Monday as concerns over the country's slowing growth and volatile markets sparked panic among traders. The mainland benchmark index, the Shanghai Composite, fell sharply by 8.4% to 3,211.75 points, extending last week's losses.

• Friday, August 21st 2015 - 06:34 UTC

  Shanghai Composite's 'virus' reaches Western markets

  

  Asian stocks saw sharp falls on Friday as mounting concerns over China's slowing economy continued to affect global markets. It follows big falls in US and European markets on Thursday, with the Dow Jones dropping more than 2%.

• Wednesday, August 19th 2015 - 06:22 UTC

  China stocks continue sell-off on Wednesday after plunging 6% on Tuesday

  

  China stocks continued their sell-off on Wednesday following a 6% plunge in the previous session. The benchmark Shanghai Composite opened down 2.7% at 3,646.75 points on Wednesday before sliding further to register a 5% loss by mid-morning. The index closed down 6.1% at 3,749.12 points on Tuesday, its biggest daily decline since July 27.