Thursday, 6 June 2019 14:54 WIB |
MARKET UPDATE | Bursa ChinaShanghai composite
China's major stock indexes fell on Thursday to close at near four-month lows, as worries persisted over the country's economic momentum amid a bruising trade war with the United States which shows no signs of easing.
The blue-chip CSI300 index fell 0.9% to 3,564.68, while the Shanghai Composite Index closed down 1.2% at 2,827.80.
For the holiday-curtailed four-day week, CSI300 dropped 1.8%, while SSEC retreated 2.4%.
China and Hong Kong markets will be closed for Dragon Boat Festival on Friday.
China is expected to report a sharper drop in exports for May as higher U.S. tariffs bite, while imports are likely to contract in a further sign of weakening domestic demand that could spark more stimulus measures.