China Shares End Lower on Profit-Taking; Policy Boost Caps Losses
Monday, 8 April 2019 15:02 WIB | MARKET UPDATE |SahamChinaIndeks Shanghai Composite

Chinese shares closed weaker on Monday, retreating from gains hit in the previous week, on profit-taking and as investors seek more clarity in the U.S.-China trade negotiations, but hopes that Beijing's policy will bolster growth curbed losses.

At the close, the Shanghai Composite index was down 0.05 percent at 3,244.81. The index gained more than 5 percent last week.

The blue-chip CSI300 index ended down 0.12 percent, with its financial sector sub-index lower by 0.15 percent, the consumer staples sector up 0.86 percent, the real estate index down 0.69 percent and the healthcare sub-index closed 1.23 percent weaker.

The smaller Shenzhen index ended down 0.55 percent and the start-up board ChiNext Composite index closed 2.116 percent weaker.

Source : Reuters

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