Shares remain flat, steelmakers weak

The mainland stock market slipped 0.46 percent yesterday, with steel shares weak after Angang Steel's profit warning and financial shares mixed as investors grew wary over economic data due later in the week.

The Shanghai Composite Index ended at 1985.016 points, after slipping into negative territory in the afternoon and breaking a three-day winning streak that had been fuelled by hopes of government aid for struggling industries.

Turnover in Shanghai A shares was 68 billion yuan, up from 55.5 billion yuan on Tuesday.