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China market stocks tumble on profit taking

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Capital Market
The Mainland China share market closed sharply down in volatile trading on Thursday, 25 June 2015, as some investors took advantage of gains in morning to reduce risk exposure. All 10 industry groups in the SSE Index dropped, with a sub-index of technology, consumer discretionary, healthcare, materials, and energy companies being top losers. The Shanghai Composite Index declined 162.37 points, or 3.46% to end at 4527.78, erasing an intraday gain of 0.7% and snapping a two-day, 4.7% advance. The Shenzhen Composite Index, which tracks stocks on China's second exchange, retreated 3.76%, or 106.02 points, to 2716.71 on turnover of 684.6 billion yuan.

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First Published: Jun 25 2015 | 4:19 PM IST

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