Bloomberg News

China’s Stocks Retreat at Open as Commodity Producers, Autormakers Decline

March 12, 2012

China’s stocks fell for a second day as metal producers and automakers declined on concern the government may raise fuel prices at the same time as an economic slowdown cools demand.

The Shanghai Composite Index dropped 0.1 percent to 2,433.67 at 9:36 a.m., extending yesterday’s 0.2 percent decline. About five stocks fell for every three that rose on the gauge.

To contact the editor responsible for this story: Richard Frost at rfrost4@bloomberg.net


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