China stocks drop 3.4 percent

Posted by 7Star Tuesday, March 10, 2009

Chinese stocks fell sharply on Monday as nervousness about upcoming economic data caused investors to take profits in a wide range of financial and industrial blue chips that led the market up last week. The Shanghai Composite Index, which gained 5.29 percent last week, ended Monday down 3.39 percent at 2,118.748 points in active trade, just off the days low of 2,116.453.

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