Monday, 6 May 2019 14:54 WIB |
MARKET UPDATE |SahamChinaIndeks Shanghai Composite
Shanghai stocks suffered their worst day in more than three years on Monday after US President Donald Trump said he would raise tariffs on imports from China at the end of this week, dealing a blow to hopes of an imminent end to their trade war.
The benchmark Shanghai Composite Index sank 5.58 percent, or 171.88 points, to 2,906.46, while the Shenzhen Composite Index, which tracks China's second exchange, plummeted 7.38 percent, or 120.79 points, to 1,515.80.
Shanghai's decline was the worst in a single day since late February 2016.
In Hong Kong, the Hang Seng Index plunged 3.03 percent, or 912.43 points, to 29,169.12 in the afternoon.
Source : AFP