Shanghai Composite index fell at the close of nearly six percent. In comparison to the highest levels of June stock has lost almost one-third of value. About 1,300 companies suspended trading in shares; almost half listed on the Chinese stock market companies. “It is wrong and it can be even worse. It is possible that trading would return to the level of a year ago, when it began the current bull market “- says Michael Every of Rabobank.
Eight out of ten players in the Chinese stock market is not professional, but individual investors. The market is therefore less predictable. According to some experts, global declines in China may be a more serious problem than the crisis in Greece.
On European stock markets small increases. At the same time he became cheaper oil; European barrel of Brent crude cost $ 56.
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