Markets

Chinese shares fall, eye biggest weekly loss this year

(Xinhua)
Updated: 2010-04-23 16:36
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BEIJING - Chinese equities fell on Friday with the benchmark Shanghai Composite Index down 0.53 percent, ending the week with a 4.69 percent drop, the biggest weekly decline this year.

The main index on the Shanghai Stock Exchange ended at 2,983.54 points, down 15.95 points, or 0.53 percent.

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The Shenzhen Component Index ended almost flat at 11,702.87 points, with a slight dip of 1.09 points.

Total turnover shrank to 253.28 billion yuan ($37.09 billion) from 279.83 billion yuan on the previous trading day.

Losers outnumbered gainers by 541 to 311 in Shanghai and 615 to 279 in Shenzhen.
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