China stocks close moderately lower Friday
Updated: 2011-09-09 16:21
(Xinhua)
|
|||||||||||
BEIJING -- China's stock markets posted a moderate drop on Friday despite government data showing inflation eased in August from one month earlier.
The benchmark Shanghai Composite Index fell 0.05 percent, or 1.19 points, to end at 2,497.75.
The Shenzhen Component Index dropped 0.37 percent, or 40.92 points, to finish at 10,892.39.
The Consumer Price Index (CPI), a main gauge of inflation, slowed to 6.2 percent in August, compared with a 37-month high of 6.5 percent in July, according to the National Bureau of Statistics.
Related Stories
China stock index futures close down -- Sept 8 2011-09-08 16:55
More fund managers optimistic about stock markets: HSBC 2011-09-07 15:34
Mutual funds lower stock outlook 2011-09-01 09:29
Release schedule of Shenzhen Stock Exchange 2011-08-17 16:29
- Time to focus on quality in finance, researcher says
- China's success can make US more prosperous
- ICBC signs MOU with UAE's industrial zone
- China's Lashou planning US IPO
- China's inflation eases to 6.2% in Aug
- Nike admits to false advertising
- Yuan will be fully convertible by 2015
- Shanghai to build world's biggest expo center
