{"id":40855,"date":"2024-11-23T18:32:53","date_gmt":"2024-11-23T13:02:53","guid":{"rendered":"https:\/\/www.businessupturn.com\/asia\/?p=40855"},"modified":"2024-11-23T18:32:53","modified_gmt":"2024-11-23T13:02:53","slug":"market-summary-shanghai-stocks-tumble-as-sse-composite-index-drops-3-06","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/asia\/east-asia\/china\/market-summary-shanghai-stocks-tumble-as-sse-composite-index-drops-3-06\/40855\/","title":{"rendered":"Market summary : Shanghai stocks tumble as SSE Composite Index drops 3.06%"},"content":{"rendered":"<p>Shanghai\u2019s SSE Composite Index witnessed a sharp decline on November 22, falling by 3.06% to close at 3,267.1916 CNY. This marked a drop of 103.2123 points compared to the previous close of 3,370.4039 CNY. The index opened at 3,368.0430 CNY and fluctuated between a low of 3,267.1916 CNY and a high of 3,372.0034 CNY throughout the trading session.<\/p>\n<p>The market\u2019s downturn erased gains from earlier periods, with the five-day performance now showing a loss of 2.32%. However, longer-term metrics remain positive, with the index up 9.90% year-to-date and 7.41% over the past year. Over a five-year horizon, the index has posted gains of 12.56%.<\/p>\n<p>Trading volume for the day stood at a substantial 63.07 billion CNY, reflecting the high activity amid investor sell-offs.<\/p>\n<p><strong>Disclaimer:<\/strong><br \/>\nThis article is for informational purposes only and does not constitute financial advice. Data is based on market activity as of November 22.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shanghai stocks fell sharply, with the SSE Composite Index declining by 3.06% to close at 3,267.1916 CNY, amid broad market sell-offs.<\/p>\n","protected":false},"author":386,"featured_media":39650,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[23292,23713,17797,23714,23712,23368,13264,5963],"class_list":["post-40855","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-china","tag-china-stock-market","tag-financial-updates","tag-market-sell-off","tag-shanghai-exchange","tag-shanghai-stocks","tag-sse-composite-index","tag-stock-performance","tag-stock-market-news"],"reading_time":"1 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/40855","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/users\/386"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/comments?post=40855"}],"version-history":[{"count":1,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/40855\/revisions"}],"predecessor-version":[{"id":40857,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/40855\/revisions\/40857"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media\/39650"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media?parent=40855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/categories?post=40855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/tags?post=40855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}