Sunday, February 12, 2012   

China stocks close 0.66pc lower
(03-10 15:29)
The mainland's key stock index closed down 0.66 percent, pressured by concerns over possible monetary tightening ahead of inflation data due later this week.

The Shanghai Composite Index ended at 3,048.93 points, after rising 0.52 percent on Tuesday.

The index has been confined to a 3,000 to 3,100 point range for nearly two weeks, weighed down by worries that the authorities, who are already reining in credit, will tighten monetary policy further.

Turnover fell to 99 billion yuan (HK$112.52 billion) from Tuesday's 107 billion yuan.

REUTERS
   
Other Business breaking news:
Hang Seng down 0.58pc at break (02-10 12:00)
Hang Seng down 0.11pc at open (02-10 09:23)
Hang Seng down 1.08pc at open (02-09 09:39)
Hang Seng up 0.60pc at open (02-08 09:29)
Hang Seng up 0.73pc at open (02-07 09:29)
Hang Seng up 1.13pc at open (02-06 09:27)
Hang Seng closes up 0.08pc (02-03 16:07)
Hang Seng flat at break (02-03 12:03)
Hang Seng down 0.28pc at open (02-03 09:24)
Hang Seng up 1.50pc at open (02-02 09:22)

More breaking news >>

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