Markets

Chinese shares drop 1.11% -- April 22

(Xinhua)
Updated: 2010-04-22 17:03
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BEIJING - Chinese equities declined more than 1 percent on Thursday as financial and property sectors continued a weak trend.

The benchmark Shanghai Composite Index on the Shanghai Stock Exchange ended at 2,999.48 points, down 33.8 points, or 1.11 percent.

Related readings:
Chinese shares drop 1.11% -- April 22 Chinese shares rebound above 3,000 points on bargain hunting
Chinese shares drop 1.11% -- April 22 Chinese shares close almost flat on Tuesday
Chinese shares drop 1.11% -- April 22 Chinese shares plummet nearly 5% over tightening moves
The Shenzhen Component Index dropped 0.53 percent, or 62.86 points, to close at 11,703.96 points.

Total turnover expanded to 279.83 billion yuan ($40.97 billion) from 271.39 billion yuan on the previous trading day.

Losers outnumbered gainers by 485 to 376 in Shanghai, while gainers outnumbered losers by 497 to 385 in Shenzhen.
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