Tuesday, April 27, 2010

Shanghai Composite index down 2.1%

by Bill McBride on 4/27/2010 12:34:00 AM

Since I haven't posted a graph of the Shanghai index in some time ...

From MarketWatch: Shanghai Composite index down 2.1% at midday break

Mainland Chinese shares extend losses in the Tuesday morning session, with sharp retreats in commodity producers further pressuring markets already weighed by fears of policy tightening, especially in the property sector.
Shanghai Click on graph for larger image in new window.

This graph shows the Shanghai SSE Composite Index and the S&P 500 (in blue).

The SSE Composite Index is at 2,906.35 mid-day.