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Thursday, March 10, 2016

China Stocks Head for Weekly Drop Before Weekend Economic Data

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 5:56 PM No comments

China’s stocks fell for a third day, sending the benchmark index toward a weekly decline, before data this weekend that will likely show a continued slowdown in industrial production and fixed-asset investment.
The Shanghai Composite Index slid 1.1 percent at 9:31 a.m. local time. The benchmark gauge slumped on Thursday amid signs state funds didn’t intervene to prop up equities, a reversal of the pattern seen this week. Technology, energy and financial shares led declines on Friday.
Source: Bloomberg

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