Chinese stocks fell on March 3rd as Middle East tensions triggered risk aversion, with the Shanghai Composite down 1.43% to 4,122.68 and defense stocks plunging 5.57% despite early gains in oil and shipping sectors that briefly pushed the Shanghai index to a 10-year high.
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[China Stock Market Closing]Chinese Stocks Fall on Middle East Risks - Defense, Semiconductor Shares Drop
Chinese stocks fell on March 3rd as Middle East tensions triggered risk aversion, with the Shanghai Composite down 1.43% to 4,122.68 and defense stocks plunging 5.57% despite early gains in oil and shipping sectors that briefly pushed the Shanghai index to a 10-year high.