Shanghai composite index falls to 15-month low

The Shanghai composite index has closed at a 15-month low after data pointed to slowing growth and rising inflation.

The index dropped 19 points or 0.8% to 2,364 at the end of trading, its lowest close since April last year.

Shanghai was one of the first markets to recover after the global financial crisis, but peaked in August last year. It has since fallen 32%.

BBC News

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Dean Popplewell

Dean Popplewell

Vice-President of Market Analysis at MarketPulse
Dean Popplewell has nearly two decades of experience trading currencies and fixed income instruments. He has a deep understanding of market fundamentals and the impact of global events on capital markets. He is respected among professional traders for his skilled analysis and career history as global head of trading for firms such as Scotia Capital and BMO Nesbitt Burns. Since joining OANDA in 2006, Dean has played an instrumental role in driving awareness of the forex market as an emerging asset class for retail investors, as well as providing expert counsel to a number of internal teams on how to best serve clients and industry stakeholders.
Dean Popplewell