Money

China's stocks drop below 3,000 points - Oct 27

(Xinhua)
Updated: 2010-10-27 16:20

BEIJING - China's stocks fell for a second day to below 3,000 points Wednesday, as coal, non-ferrous metal shares retreated from recent gains.

The benchmark Shanghai Composite Index was down 1.46 percent, or 44.49points, to close at 2,997.05.

The Shenzhen Component Index retreated 2.02 percent, or 277.79 points, to finish at 13,452.2.

Combined turnover shrank to 413.5 billion yuan ($62 billion) from 455.9 billion yuan the previous trading day.