14/03/2012 21:44 AST

China’s stocks fell, dragging the benchmark index down the most in more than three months, after Premier Wen Jiabao said home prices are still far from reasonable levels.

The Shanghai Composite Index (SHCOMP) slumped 2.6 percent at the close, reversing an earlier 0.8 percent gain. A relaxation of curbs on the property market would lead to “chaos,” Wen said at a press conference in Beijing today. A gauge tracking property stocks sank 3.7 percent, led by Poly Real Estate Group Co., while Anhui Conch Cement Co. paced losses by building- material companies.

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Bloomberg

Ticker Price Volume
QNBK 124.80 275,932
SABIC 100.01 2,889,924
TAWUNIYA 92.21 115,275
EEC 17.21 992,484
ALINMA 17.73 19,061,890
FAB 10.35 2,580,953
WALAA 26.57 54,241
Index Closing Change
NIKKEI 225 20,296.45 -51.03 (-0.25%)
DAX 12,592.35 -7.68 (-0.06%)
S&P 500 2,502.22 1.62 (0.06%)
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