SHANGHAI :
China’s Stock Markets Close Down as Trading Volume Shrinks for Third Day Running
Liao Shumin
DATE:  Sep 16 2020
/ SOURCE:  Yicai
China’s Stock Markets Close Down as Trading Volume Shrinks for Third Day Running China’s Stock Markets Close Down as Trading Volume Shrinks for Third Day Running

(Yicai Global) Sep. 16 -- China’s benchmark stock indexes all closed lower today as trading volumes shrank for the third consecutive day on depressed market sentiment

CNY684 billion (USD101 billion) changed hands on the Shanghai and Shenzhen markets, well below the CNY1 trillion levels achieved at the end of July.

The Shanghai Composite Index ended the day down 0.36 percent at 3,283.92, while the Star 50 Index, which tracks technology growth stocks on the Shanghai Stock Exchange’s Nasdaq-style Star board, dipped 1.09 percent to 1,349.67.

The Shenzhen Component Index fell 1.01 percent to close at 13,011.28. The ChiNext Price Index, which tracks growth enterprises in Shenzhen, slipped 1.55 percent to 2,554.80.

Editor: Kim Taylor

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Keywords:   Chinese Stock Markets