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Index down 2.33% on heavyweights' sell-off

(Xinhua)
Updated: 2008-04-28 16:02

Chinese shares seasawed and concluded the Monday trading lower on selling of heavyweights.

The benchmark Shanghai Composite Index ended the daily trading at 3,474.72 points, 83.03 points, or 2.33 percent, lower than last Friday.

The Shenzhen Component Index for the smaller stock exchange in Shenzhen lost 322.45 points, or 2.46 percent, to close at 12,782.50 points.

Combined turnover on the two bourses shrank to 161.2 billion yuan ($23.03 billion), drastically lower than the 260.5 billion yuan for the previous trading day.