Markets

Chinese shares close lower Thursday

(Xinhua)
Updated: 2010-12-23 16:37

BEIJING - Chinese equities closed lower on Thursday with the benchmark Shanghai Composite Index down 0.79 percent, or 22.68 points, to close at 2,855.22 points.

Related readings:  Chinese shares close higher on Tuesday  Stocks gain on oil shares  China stocks drop after fuel price hike  Property developers, energy producers lead strong rally in stocks

The Shenzhen Component Index lost 0.96 percent, or 122.38 points, to close at 12,644.58 points.

Combined turnover shrank to 209.64 billion yuan ($31.76 billion), down from 239.84 billion yuan the previous trading day.

Losers outnumbered gainers 733 to 140 in Shanghai and 1001 to 130 in Shenzhen.