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30 May 2015 (AFR) – Shanghai Composite: China’s wild swinging market

(30 May 2015, AFR, p13, by Angus Grigg, Shanghai, AFR correspondent)

‘China’s main stock index swung wildly on Friday and analysts say the volatility will continue since the market is being driven by retail investor sentiment and not earnings or economic fundamentals. The Shanghai Composite Index was briefly down more than 4 per cent soon after Friday’s open, adding to its near 7 per cent loss the previous day. But the market rallied before lunch and climbed more than 1.5 per cent in the afternoon before closing 0.2 per cent down for the day.’

Read more at (might need AFR login access)

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