Shanghai Composite Index Falls below 3,000 Points after 3 Months

Reported 11 months ago

On June 21, 2024, the Shanghai stock market experienced fluctuations as the real estate market in mainland China weakened and consumer spending sentiments remained low. The Shanghai Composite Index fell by 0.24% to close at 2,998.14 points, dipping below the 3,000-point mark once again after nearly three months. Market analysts predict further volatility within the range of 2,850 to 3,500 points and anticipate a bottoming rebound following the index’s drop below 3,000 points, expected to attract cautious investors.

Source: YAHOO

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