Shanghai Composite Index Shrank Back To A New Low Of Nearly 31 Months.

Chinese stock market Shanghai Composite Index On Friday, the fall hit a new 31 - month low and fourth days in a row. Stocks fell under the guidance of colored and petrochemical sectors, and only the financial sector was backed up. Market rise But it is hard to pull the market down. Analysts expect short-term oscillation The bottoming process is still over.

The Shanghai Composite Index closed at 2317.275 points, down 14.091 points or 0.6%, after a closing low of 2291.555 points in March 25, 2009, and the Shanghai Stock Exchange's A share turnover was only 43 billion 600 million yuan; Shanghai financial 180 Index rose 0.83%.

This week, the Shanghai Composite Index has fallen by 4.69%, which was 5.2% in May 29th of this week. Decline The largest ever.

Datong securities analyst Wang Zhihong said that the stock market inertia fell while the trend of individual stocks was divided, and early stage comparison of anti falling sectors such as petrochemicals had begun to make up.

He also said that the current fundamentals lack bright spots, and dull market conditions may continue and oscillate.

The Shanghai and Shenzhen 300 index ended November at 2518.9 points, or 0.21%, with a turnover of 223252.