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Chinese stock market

China’s Biggest One-Day Loss of the Year

August 18, 2009 · 6 comments

in BNN, Canadian economy, China, VIX volatility, economy, indexes, international economy, investing, market reports, recession, seasonal investing

Yesterday, August 17, 2009, China’s Shanghai Index posted the single biggest one-day loss so far for 2009 (and in fact since November 2008), dropping about 6% on concerns about the resiliency of China’s GDP numbers and consumer activity going forward.
Global Markets Sell-Off
This was the catalyst that sent oil down below $66 from a stable two-week [...]

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