Share prices of Chinese companies showed the most severe in the last month of the fall. In the course of trading on 25 February 2016 main stock index Shanghai Composite has decreased on 6,8%, having fallen to a mark 2729,8 item.
In this case, about 400 Chinese companies have fallen in price at once on 10%, reaching an installed controller in the daily limit, each company whose shares have risen 70 companies, whose shares dropped in price, with the largest losses are incurred by industrial and technology companies, notes Bloomberg.
Even more serious dynamics lowering demonstrated SZSE Component — major index of Shenzhen stock exchange, where stocks of most major companies. At a minimum, the index, the calculation of which takes into account the cost of the 40 most liquid and largest companies on the exchange, fell by 7,74%.
High-tech ChiNext index, reflecting the dynamics of share value of hi-tech companies and Internet startups that collapsed on 7,86%.
“The market remains fragile, as all make their way to the exit. None of the news on the market by itself could not cause such a downturn,” commented Bloomberg originating Central China Securities analyst Zhang gang.
Earlier Thursday, the people’s Bank of China announced that with the help of reverse repo operations (sale of securities with repurchase commitment at a fixed price) was injected into the financial system 340 billion yuan, which is about USD 52.1 billion
Trading on the Moscow stock exchange opened by decrease both major indices. Rouble MICEX index on the minimum dropped to 1782,31 paragraph (-0,83%), and “dollar” RTS — 733,07 to paragraph (-0,63%).
The price of Brent crude on the ICE stock exchange fell today to $33,88 per barrel, up by 1.54 per cent below the closing level yesterday.