China shares snap winning streak on profit-taking, trade worries
Chinese shares ended lower on
Tuesday, snapping a six-day streak of gains, as investors locked
in profits, while concerns that China and the United States
would make little headway toward resolving their bitter trade
war this week also hurt sentiment.
** At the close, the Shanghai Composite index was down
0.87% at 2,982.07, trimming earlier losses. It was the first
daily decline after six straight sessions of gains, its longest
rising streak since February 2018. The
Tuesday, snapping a six-day streak of gains, as investors locked
in profits, while concerns that China and the United States
would make little headway toward resolving their bitter trade
war this week also hurt sentiment.
** At the close, the Shanghai Composite index was down
0.87% at 2,982.07, trimming earlier losses. It was the first
daily decline after six straight sessions of gains, its longest
rising streak since February 2018. The
Posted by Reuters
