Chinese stocks close down and have worst monthly loss in more than 1 year – Money Times

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Markets fell in September mainly due to concerns over the trade war (Image; Reuters / Romeo Ranoco)

As actions of China closed lower on Wednesday, with losses in the real estate and materials sectors overshadowing optimism due to promising research on industrial activity, and the markets recorded their worst monthly loss since May 2019.

The CSI300 index, which includes the largest companies listed in Shanghai and Shenzhen, decreased 0.1%, while the Shanghai index fell 0.2%. In the month, the falls were 4.75% and 5.23%, respectively.

The markets fell in September mainly due to concerns about continuing Chinese-American tensions and fluctuations in foreign markets due to fears about a second wave of coronavirus.

In Tokyo, the Nikkei index fell 1.50% to 23,185 points.

In Hong Kong, the HANG SENG index rose 0.79% to 23,459 points.

In Shanghai, the SSEC index lost 0.20% to 3,218 points.

The CSI300 index, which includes the largest companies listed in Shanghai and Shenzhen, fell 0.10% to 4,587 points.

In Seoul, the KOSPI index appreciated by 0.86%, to 2,327 points.

In Taiwan, the TAIEX index rose 0.38% to 12,515 points.

In Singapore, the STRAITS TIMES index depreciated 0.20%, to 2,466 points.

In Sydney, the S & P / ASX 200 fell 2.29% to 5,815 points.

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