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Chinese shares fall to over three-year low

china-stockSHANGHAI: Chinese stocks fell through a key support level in afternoon trading on Monday to hit a more than three-year low for the first time in more than seven weeks on economic worries, dealers said.


The Shanghai Composite Index was down 0.78 percent, or 15.62 points, to 1,999.11 in afternoon trading, breaking through the 2,000 point level that dealers had pegged as support.


The benchmark index last fell to a more-than-three-year low of 1,999.48 points on September 26 this year.


"It's difficult for the index to stay above the 2,000 point level because of a lack of substantial pro-market policies at the moment," BOC International analyst Shen Jun told AFP.


"There are also uncertainties in both the domestic and global economies," he added.


Copyright AFP (Agence France-Presse), 2012


Index Closing Chg%
Arrow DJIA 17,813.39 0.01
Arrow Nasdaq 5,116.15 0.26
Arrow S&P 2,088.87 0.01
Arrow FTSE 6,337.64 0.96
Arrow DAX 11,169.54 2.15
Arrow CAC-40 4,892.99 1.51
Arrow Nikkei 19,847.58 0.39
Arrow H.Seng 22,498.00 0.40
Arrow Sensex 25,775.74 0.17

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Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
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WeeklyNovember 23, 2015
Reserves $19.713 bln