XJO 0.50% 8,118.8 s&p/asx 200

mreinke,Fairly light volume today on the Shanghai Composite...

  1. 293 Posts.
    mreinke,

    Fairly light volume today on the Shanghai Composite compared to the last few weeks, however as I said before they have a 10% limited on daily stock price moves. I think trade is halted once the limited is hit. A 8.3% down day on the index means that most stocks were off 10% on their limit down. Who knows how far it would have fallen if there was no daily limit.

    The index is now at a 5 week low and there has been heavy volume that whole 5 weeks. This is just the start of the trouble imho.
 
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