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المشهد العربي
Chinese stock index hits 14-month low
The main index for Chinese company stocks dropped to its lowest level in 14 months, impacted by slowing profit growth at Catal and declining investor expectations regarding fiscal stimulus packages to support domestic spending, amid concerns over weak third-quarter earnings results. The CSI 300 index fell by 0.95%, closing at 4,111 points, with Catal's shares declining by 12%. Other companies, such as Publix, experienced significant drops, while the Chinese currency steadied against the dollar at 6.6771 yuan.
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