• +1-949-335-4314

Capital Street BancClear Corporation

Option Banque is a brand owned and operated by Capital Street BancClear Corporation Limited with registered address Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, SVG.

  • Suite 305, Griffith Corporate Centre Beachmont, KingsTown Saint Vincent and The Grenadines

  • +1-949-335-4314

  • support@optionbanque.com

  • Monday-Friday: 6.00 AM
    4.00 PM GMT

China Stocks Continue Worst Losing Streak Since 2009 -

    • Home
    • General
    • China Stocks Continue Worst Losing Streak Since 2009
Jul, 31st 03:34


China’s stocks fell, with the benchmark index heading for its worst monthly drop in almost six years, as the government struggled to rekindle investor interest amid a $3.5 trillion rout.

The Shanghai Composite Index slid 1.6 percent to 3,647.39 at 9:35 a.m. local time, making it the world’s worst performer this month with a 15 percent slump. Energy stocks led declines before the release of manufacturing data on Saturday.

Turnover on the Shanghai bourse has halved from its peak in June as government’s unprecedented market-support measures have failed to stop the rout. While state funds have been tasked with buying shares, margin traders are cashing out and new equity-account openings are tumbling.

The Shanghai index followed up the rout with a 13 percent rebound from the lows before slumping 9.9 percent this week. The gauge’s 50-day volatility surged to a two-decade high on Wednesday. Thursday’s trading was almost a reverse image of the previous day, when the Shanghai Composite surged in the last hour to close 3.4 percent higher.

Option Banque has proven A+ Rating and Reviews on forex forums

Leave a Reply

Your email address will not be published.