Overseas Trading: China Ends Volatile Year Firmly Higher

Chinese stocks settled a volatile year firmly higher, while London lagged the rest of Europe

Dec 31, 2015 at 8:28 AM

Stocks in China ended lower today, with the Shanghai Composite dropping 0.9% amid persistent weakness in oil prices. However, the mainland benchmark closed a wildly volatile year up 9.4%. Elsewhere, Hong Kong's Hang Seng ticked 0.2% higher, but settled 2015 on a loss of 7.2%. Markets in Japan and South Korea were both closed today.

Tumbling crude prices also impacted Europe, with London's FTSE 100 ending an abbreviated session down 0.5% -- bringing its annual loss to 4.7%. France's CAC 40 was also down about 0.5% for the day shortly before its own early closure, but was closely pacing its German counterpart with an annual gain of about 9%.

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