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Shares fall, led by decline in non-ferrous metal shares and computer counters

December 06,2017

   
   

Shanghai stocks fell again today, led by drops in non-ferrous metal shares and computer companies.

The Shanghai Composite Index shed 0.18 percent to close at 3,303.68 points.

Non-ferrous metal shares such as Sanxiang Advanced Materials Co Ltd, Shenghe Resources Holding Co Ltd and TDG Holding Co Ltd all fell by over 8 percent.

Computer shares were also among the biggest decliners, with Hunan Copote Science & Tech Co Ltd losing 9.98 percent to 16.23 yuan and Shanghai Wondertek Software Co Ltd shedding 7.76 percent.

Bohai Securities said the market is adjusting after earlier retreat of weighted stocks. The lifting of the ban on a large number of non-tradable stocks in December also has influenced the stock market negatively.