China stocks retreat to eight week low

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Shanghai - Chinese stocks dropped to an eight-week low amid waning turnover as oil producers and banks led declines.

The Shanghai Composite Index fell 0.7% to 3 096.51 as of 1:38 local time. A gauge of mainland energy companies retreated 1.6% to erase their December advance.

 The nation’s shares have slumped more than 4% this month to be among the world’s biggest losers as surging money-market rates sparked a bond rout and the yuan weakened to an eight-year low.

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Rand - Dollar
14.43
+1.3%
Rand - Pound
20.07
+1.3%
Rand - Euro
17.16
+1.1%
Rand - Aus dollar
10.62
+1.0%
Rand - Yen
0.13
+1.2%
Gold
1,810.11
-0.2%
Silver
25.47
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2,671.00
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75.41
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62,917
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69,069
+0.1%
Resource 10
70,980
+0.4%
Industrial 25
87,819
-0.3%
Financial 15
12,969
+0.5%
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