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China Market falls as steelmakers tumble

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Capital Market
The Mainland China equity market closed down on Wednesday, 23 August 2017, weighed down by weakness in shares of iron and steel companies, non-ferrous metal providers and infrastructure firms amid tumbles in futures contracts from steel to coking coal offsetting a rise in banks ahead of earnings reports. The Shanghai Composite Index slid 0.08%, or 2.52 points, to 3,287.70. The CSI 300 Index of large companies edged up 0.1%, or 3.8 points, to 3,756.

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First Published: Aug 23 2017 | 5:32 PM IST

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