Money

Chinese shares edge down

(Xinhua)
Updated: 2010-03-31 16:54

BEIJING - Chinese equities dropped for the first time in four days on Wednesday, led by heavy weights and banks.

Related readings:  Chinese shares edge up Tuesday  Chinese shares close higher, led by strong heavyweights  Chinese shares close up Friday  Chinese shares fall over 1% on stamp duty rumor

The benchmark Shanghai Composite Index on the Shanghai Stock Exchange inched down 0.62 percent, or 19.36 points, to end at 3,109.11 points. The Shenzhen Component Index on the Shenzhen Stock Exchange closed at 12,494.35 points, down 98.69 points, or 0.78 percent.

Combined turnover was 219.76 billion yuan ($32.18 billion), up from 215.08 billion yuan on the previous trading day.

Losers outnumbered gainers by 511 to 358 in Shanghai. Gainers outnumbered losers by 505 to 368 in Shenzhen.

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