Markets

China's stocks fall 0.27% Wednesday

(Xinhua)
Updated: 2010-05-19 16:04

BEIJING - Chinese equities snapped the upward trend of the previous trading day to close lower Wednesday on the back of falls in property and financial shares.

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The benchmark Shanghai Composite Index lost 0.27 percent to close at 2,587.81 points.

The Shenzhen Component Index fell 0.12 percent to 9,991.4 at the close.

Total turnover shrank to 139.5 billion yuan ($20.42 billion) from 149.16 billion yuan on the previous trading day.

Losers outnumbered gainers by 531 to 322 in Shanghai but gainers outnumbered losers by 470 to 445 in Shenzhen.