Evening Report: Shares Retreat After Chinese Growth Figures Miss Expectations

By Tom Piotrowski | More Articles by Tom Piotrowski

An early afternoon recovery for the share market was stymied by weaker than expected growth figures from China. At the close of trade the ASX 200 was down 35 points or 0.5%. Notwithstanding today’s weakness the market rose for a second consecutive week with an improvement of more than 0.5% – although the sizeable falls early October means the Index is still down 0.6% for the month.