Shares fall amid speculation on government stimulus program
By Bloomberg | China Daily | Updated: 2016-04-16 07:39
Stocks fell on Friday, led by commodity companies, amid speculation that improving economic data in March and a surge in new credit will prompt authorities to refrain from adding stimulus.
The Shanghai Composite Index fell 0.1 percent from a three-month high, trimming its weekly advance to 3.1 percent.
A gauge of materials companies dropped 0.8 percent as steelmakers tumbled.
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