Top News | Jul 28, 2015
High volatility in Chinese stocks sends shock waves
Another slump in Chinese stock markets and a continued decline in commodities caused heightened insecurity and a negative weekly start at European equity markets. The Shanghai Composite Index closed -8.55% lower on Monday, the highest one-day loss in more than eight years, despite wide measures by the Chinese government and financial authorities. This after the Shanghai equity index had lost about one-third of its value. No rest today, as the Shanghai stock index continues its decline.