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China's stocks fall for 3rd day to nearly 3-month low

(Xinhua)
Updated: 2010-01-26 16:39
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Chinese equities fell for the third consecutive day Tuesday, driving the benchmark index down to a nearly three-month low as fears of policy tightening continued to dampen property shares.

The benchmark Shanghai Composite Index fell 2.42 percent, or 75.02 points, to close at 3,019.39 points.

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The Shenzhen Component Index lost 2.47 percent, or 307.63 points, to close at 12,162.56 points.

Combined turnover totaled 181.72 billion yuan ($26.61 billion), expanding from 155.26 billion yuan on the previous trading day.

Losers outnumbered gainers by 837 to 55 in Shanghai and 789 to 66 in Shenzhen.
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