There's another bloodbath in Asian equities his morning, the second in a week.
click on chart for sharper image
Chinese Markets Halted in 14 Minutes 17 Seconds
Chinese equities are down another 7.32% and the exchanges were halted in a record 14 minutes, 17 seconds.
The Wall Street Journal comments on China’s Shocking Stock Halt.
A plunge in China stocks on Thursday led to their second trading halt this week and the shortest trading day in the market’s 25-year history. The duration of trading that occurred in Chinese markets today: 14 minutes 17 seconds.$SSEC - Shanghai Composite
The Shanghai and Shenzhen stock markets were shuttered as “circuit breakers” installed Monday were triggered for the second time this week. The mechanism halts trading for 15 minutes if the CSI 300 index moves 5% and ends trading for the day if it moves 7%.
The Shanghai composite’s this week: -11.96%. With today’s performance, this week’s decline marks the worst start to a year in Chinese trading history. The Shanghai Composite is on track for its worst week since July.
With today’s performance, this week’s decline marks the worst start to a year in Chinese trading history. The Shanghai Composite is on track for its worst week since July.
When central banks blow bubbles that is what eventually happens.
Mike "Mish" Shedlock
from Mish's Global Economic Trend Analysis http://ift.tt/1Rk8qiH Chinese Markets Halted in 14 Minutes 17 Seconds, Equities Plunge Another 7.32% - Entrepreneur Generations
Related Posts :
How do rural communities recover from disaster? Recovery is often bumpy, and that can lead to loss of population - Entrepreneur Generations
Flush with new funding, forestry leaders try to figure out how to turn it into more trees across 130 million acres - Entrepreneur Generations
Program leans on paramedics from across Maine to maintain 24/7 treatment for a rural clinic - Entrepreneur Generations
Local journalism well portrayed in ABC's new 'Alaska Daily' - Entrepreneur Generations
Some N.Y. sheriffs say they won't enforce the state's new law banning concealed weapons in many public places - Entrepreneur Generations
0 Response to "Chinese Markets Halted in 14 Minutes 17 Seconds, Equities Plunge Another 7.32% - Entrepreneur Generations"
Post a Comment