Chinese shares lower Friday
Xinhua | Updated: 2019-12-27 16:59
BEIJING - Chinese stocks closed lower on Friday, with the benchmark Shanghai Composite Index down 0.08 percent, at 3,005.04 points.
The Shenzhen Component Index closed 0.68 percent lower at 10,233.77 points.
The combined turnover of stocks covered by the two indices stood at 632.02 billion yuan ($90.44 billion), expanding from 503.6 billion yuan in the previous trading day.
Most stocks fell, with losers outnumbering gainers by 933 to 461 on the Shanghai bourse and 1,548 to 549 in Shenzhen.
Companies in the sectors of financial trust saw robust growth in share prices, with shares of Anxin Trust Co Ltd rising 6.84 percent to finish at 4.53 yuan per share.
Shares of companies related to electronics led the losses.
The ChiNext Index, China's NASDAQ-style board of growth enterprises, lost 1.45 percent to close at 1,767.58 points Friday.
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