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A-Shares Below 4,200 Following US Labor Statistics
Posted by: Li Jun on Mar 10, 2008 | 17:03
Editorial Summary
The Shanghai Composite Index plunged 3.59 percent to close at 4,146.3 on Monday, while the Shenzhen Composite Index slumped 3.71 percent to close at 1,319 the same day after the U.S. Department of Labor announced the largest drop in U.S. non-farm payrolls since March 2003. Trading volume on the Shanghai and Shenzhen Stock Exchanges was RMB97.4 billion and RMB41.9 billion, respectively.
China's National Bureau of Statistics will release February's consumer price index (CPI) on Wednesday.
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