Friday, 11 May 2018 14:45 WIB |
MARKET UPDATE |The Shanghai Composite IndexSaham Cina Shanghai composite
China stocks fell on Friday, but posted their best weekly performance in almost three months, as interest towards Chinese blue-chips has been steadily building ahead of MSCI's A-share inclusion next month.
The blue-chip CSI300 index fell 0.5 percent to 3,872.84, while the Shanghai Composite Index lost 0.4 percent to 3,163.26.
U.S. index publisher MSCI will officially include yuan-denominated A-shares into its emerging market benchmark on June 1.
The CSI300 financial sector sub-index was lower by 0.3 percent, the consumer staples sector down 0.44 percent, the real estate index down 0.98 percent and healthcare sub-index down 2.19 percent .
The smaller Shenzhen index ended down 1.02 percent and the start-up board ChiNext Composite index was weaker by 1.64 percent.