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Shanghai Stock Exchange Closes -3%

2020-03-09T07:37:23.686Z


The Chinese stock exchanges, in addition to fears about the spread of the coronavirus on a global level, above all accuse a thud for the collapse of oil after the failure to agree to OPEC and the price war started by Saudi Arabia which, defying Russia, has .. . (ANSA)


(ANSA) - BEIJING, MARCH 9 - The Chinese stock exchanges, in addition to fears about the spread of the coronavirus globally, above all accuse a thud for the collapse of oil after the failed agreement with OPEC and the price war started by Saudi Arabia which, challenging the Russia, has decided to increase production and cut prices: the Shanghai Composite index drops 3.01%, to 2,943.29 points, while the Shenzhen one loses 3.79%, at 1,842.66.

Source: ansa

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