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SHANGHAI COMPOSITE INDEX CONTINUED DIVE ON MARCH 18

AsiaInfo Services, March, 2008

AsiaInfo Services 03-20-2008 Shanghai Composite Index Continued Dive on March 18 SHANGHAI, Mar 20, 2008 (SinoCast via COMTEX) -- On the heels of the steep decline on the prior trading day, the benchmark Shanghai Composite Index continued tumble on March 18 due to investors' panic. SSE (Shanghai Stock Exchange) Composite Index opened lower and then dropped to below 3,800.

The index once fell to nearly 3,600 during the afternoon session, but it bounced back over 60 points near close driven by the rise of some blue chip stocks. The Shanghai index closed at 3,668.90, diving 151.15 ...

 

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