12-08-2008, 04:40 AM
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Join Date: Jan 2007
Posts: 13,788
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Stocks slide to lowest in 19 months
Led by a plunge in metal and energy stocks, the benchmark index of the Chinese stock market yesterday lost more than 5 percent to fall to its lowest level in 19 months amid growing concern about a slowing economy.
Massive unloading of Olympics-related stocks, such as tourism and catering, also weighed down the key indicator.
The benchmark Shanghai Composite Index slid 5.21 percent to 2470.07 points, with the turnover amounting to 41.5 billion yuan, down 10 percent from the previous trading ...
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