Shanghai Composite Ends At Lowest Since March 2009

China’s Shanghai Composite Index CN:000001 -1.74% ended at a more than three-year low on Monday, after several corporate profit warnings and some downbeat comments on the economy from Premier Wen Jiabao. The stock index finished 1.7% lower at 2147.96, shedding 37.9 points, marking its lowest closing level since March 2009. The Shenzhen Composite Index saw a sharper decline, shedding 3.6% to end at 889.10.

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