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Commodities halt Shanghai’s win streak

Update Date:2018-07-23 17:22:43     Source:www.3737580.com     Views:370

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SHANGHAI shares yesterday halted its six-day winning streak as commodity producers fell over slumping oil and metal prices.

The Shanghai Composite Index lost 1.34 percent to 2,862.56 points, ending a six-day run of gains that was the longest since July.

 

“Investors are seizing the moment to get out of stocks as they expect a major correction following the overnight tumble in global commodity prices,” FX678.com quoted Huaxi Securities analyst Cao Xuefeng as saying.

 

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