China's stocks continue to fall amid global slump
Updated: 2011-09-23 15:44
(Xinhua)
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BEIJING - China's stocks continued a falling trend Sept 23 amid global bear market, with the benchmark Shanghai Composite Index down 0.41 percent, or 9.9 points, to close at 2,433.16 points.
The Shenzhen Component Index dropped 1.15 percent, or 122.07 points, to finish at 10,538.4.
After the US Federal Reserve on Sept 21 announced its stimulus measures to buy $400 billion of long-term bonds, the Dow Jones Industrial Average fell 3.51 percent on Sept 22. The S&P 500 index shed 3.19 percent, while the Nasdaq 100 index declined 3.26 percent.
European stock markets also closed lower Sept 22 with France's CAC 40 down 5.1 percent. Germany's DAX declined 4.96 percent, while Britain's FTSE 100 shed 4.64 percent.
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