Shanghai Composite falls 0.35% from 19-month high

Headline indices of the Mainland China share market drifted lower on Wednesday, 10 September 2014, amid profit taking pressure across the board, with shares of energy and financial sectors being major losers. The benchmark Shanghai Composite closed 08.22 points down at 2318.31. The CSI 300 declined 12.79 points to 2432.43.

The profit taking in the Mainland China market primarily triggered after Premier Li Keqiang indicated money-supply growth slowed in August and investors judged recent gains to be excessive. M2, the broadest measure, rose 12.8% last month, Premier Li said yesterday. The PBOC is scheduled to release the credit data by Sept. 15.

Powered by Capital Market - Live News