Markets

China stocks close slightly lower, led by weak property

(Xinhua)
Updated: 2010-05-28 16:56
Comments( China Daily Website - Connecting China Connecting the World

Sorry, the page you requested was not found.

Please check the URL for proper spelling and capitalization. If you're having trouble locating a destination on Chinadaily.com.cn, try visiting the Chinadaily home page

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
) PrintMail
Large Medium Small

BEIJING: Chinese shares fell at Friday's close as weak property shares eroded earlier gains on reports that Shanghai was mulling to introduce property tax.

Related readings:
China stocks close slightly lower, led by weak property China IPOs post world's biggest gains of 2010
China stocks close slightly lower, led by weak property China's stocks close up on Thursday
China stocks close slightly lower, led by weak property China's stocks close mixed on Wednesday
China stocks close slightly lower, led by weak property Slump, slowdown concerns 'overdone'

The benchmark Shanghai Composite Index closed down 0.15 points, or 0.01 percent, at 2,655.77 points.

The Shenzhen Component Index lost 0.45 percent, or 47.68 points, to 10,495.65 points.

Total turnover expanded to 187.41 billion yuan ($27.43 billion) from 176.92 billion yuan on the previous trading day.

Gainers outnumbered losers by 518 to 292 in Shanghai and 603 to 305 in Shenzhen.

Comments( China Daily Website - Connecting China Connecting the World

Sorry, the page you requested was not found.

Please check the URL for proper spelling and capitalization. If you're having trouble locating a destination on Chinadaily.com.cn, try visiting the Chinadaily home page

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
) PrintMail