China's stock market ended lower for third straight day on another rollercoaster ride on Friday, 3 July 2015, amid a fresh wave of panic selling even as Beijing moves swiftly to try to plug losses. The Shanghai Composite Index tumbled 225.85 points, or 5.77%, to end at 3686.92. The Shenzhen Composite Index tanked 117.34 points, or 5.3%, to close at 2098.48. The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, lost 44.04 points, or 1.66%, to end at 2605.28. The gauge has tumbled 24% from its June 12 peak, helping wipe out at least $2.4 trillion of value. Chinese shares have erased more than $2.8 trillion of value in three weeks.
Powered by Capital Market - Live News
