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Shanghai Composite Index Fell 2.5%, The Biggest Decline In Nearly Two Months

2011/11/16 16:45:00 9

Shanghai Composite Index Falls And Falls

Chinese stock market

Shanghai Composite Index

Wednesday's volume fell by 2.5%, the biggest single day in nearly two months.

Decline

And fell below 10 and 60 days.

average

The European debt crisis is weighing up again, and Asian stock markets are coming down. The domestic stock market is also hard to escape, and heavyweights such as finance and real estate have fallen.


Analysts believe that the market crash is mainly affected by the external market, and the Shanghai composite index at 2500 points there is a sell-off, there is also the need for technology adjustment.


Shanghai Composite Index received 2466.959 points, down 62.802 points, or 2.48%, after the largest one-day drop of 2.782% in September 22nd, and today's A shares expanded nearly 15% to 92 billion 100 million yuan.

The Shanghai financial real estate industry index closed down 2.91%.


Du Liang, a securities strategist in Shanxi, believes that the pessimistic remarks on China's economy released by IMF on the last day also dragged the market down. "The rally has basically ended and the market outlook has continued to decline."

adjustment

Debugging.

"


The International Monetary Fund (IMF) warned on Tuesday that China's credit, real estate, exchange rate and debt problems are still within its limits if viewed separately, but if these problems happen together, the domestic large banks will face systemic problems.

risk


Asian markets tumbled on Wednesday, with signs of increased borrowing costs affecting France's AAA debt rating, worrying that the core members of the euro zone may also be unable to escape the fate of the debt crisis.

Morgan Stanley International Capital Corporation (MSCI) except Japan, Asia Pacific Index closed down 2.06% in the Shanghai stock index closed.


The Shanghai and Shenzhen 300 index ended November at 2672.8 points, or 2.54%, with a turnover of 68043.


 
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