IN BRIEF (Page 19)
China Daily | Updated: 2008-08-13 08:26
Stocks continue to drop
The mainland stock market yesterday dipped a slight 0.52 percent, after an aggregate 9.68 percent slump over the previous two trading days, but analysts said rising concern on the shrinking corporate profit growth would continue to weigh down the market.
The benchmark Shanghai Composite Index yesterday dropped by 0.52 percent to 2457.20 points, with the turnover amounting to 31 billion yuan, down 25.3 percent from the day before. Meanwhile, the smaller Shenzhen Component Index rose 0.28 percent to 8192.80 points.
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