Shares fall on softer producer inflation

Advanced Search

The story appears on

Page A8

April 13, 2017

GET this page in PDF

Free for subscribers

View shopping cart

Shares fall on softer producer inflation

By Ding Yining | 00:01 UTC+8 April 13, 2017 |

Print Edition

SHANGHAI shares fell yesterday on the release of China’s softer producer inflation data for March.

The Shanghai Composite Index lost 0.46 percent to 3,273.83 points.

China’s producer inflation cooled for the first time in seven months in March as iron ore and coal prices fell. The Producer Price Index, measuring costs of goods at the factory gate, slightly eased the growth pace to rise 7.6 percent last month.

Most listed lenders fell after China’s banking regulator urged banks to do self-inspections on using loopholes to dodge rules, as part of efforts to cut leverage.

The Agricultural Bank of China fell 0.6 percent, and China Minsheng Banking Corp shed 0.48 percent.

Finance

About Us
|
Terms of Use
|
RSS
|
Privacy Policy
|
Contact Us
|
Shanghai Call Center: 962288
|
Tip-off hotline: 52920043

沪ICP证：沪ICP备05050403号-1
|
互联网新闻信息服务许可证：31120180004
|
网络视听许可证：0909346
|
广播电视节目制作许可证：沪字第354号
|
增值电信业务经营许可证：沪B2-20120012

Shares fall on softer producer inflation

Email this to your friend