Markets

Chinese shares drop ahead of Thursday inflation data release

(Xinhua)
Updated: 2010-11-10 17:29

BEIJING - Chinese stocks fell Wednesday as investors turned cautious ahead of Thursday's release of October inflation data.

The benchmark Shanghai Composite Index dropped 0.63 percent, or 19.64 points, to close at 3,115.36.

The Shenzhen Component Index slid 0.06 percent, or 8.61 points, to finish at 13,705.68.

Combined turnover dropped from Tuesday's 447.3 billion yuan ($67.31 billion) to 445.76 billion yuan ($67.08 billion).

Losers outnumbered gainers 464 to 408 in Shanghai while gainers outnumbered losers 632 to 454 in Shenzhen.