Monday, June 4, 2007

China's CSI 300 Index Extends Losses; Shanghai Port Leads Decliners

(Bloomberg) -- China's stocks extended a slide that's
wiped out at least $402 billion of market value over the past
four days after the government tripled the tax on securities
trade.

The benchmark CSI 300 Index, which tracks yuan-denominated A
shares listed on China's two exchanges, dropped 23.99, or 0.7
percent, to 3487.44 as of 9:42 a.m. local time, after gaining as
much as 0.52 percent.


Read more at Bloomberg Stocks News

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