Markets

China's stocks close down Tuesday


Updated: 2010-05-25 16:02
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BEIJING: Chinese shares dropped Tuesday with property developers and banks leading the slump.

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The benchmark Shanghai Composite Index shed 1.90 percent to close at 2,622.63 points.

The Shenzhen Component Index shrank 2.40 percent to 10,365.23 points.

Total turnover shrank to 184.69 billion yuan ($27.04 billion) from 222.12 billion yuan on the previous trading day.

Losers outnumbered gainers by 631 to 249 in Shanghai and 636 to 296 in Shenzhen.