Money

China's stocks snap 6-day wins Tuesday

(Xinhua)
Updated: 2010-07-27 16:14

BEIJING - Chinese shares snapped a six-day winning streak and closed 0.51 percent lower on Tuesday, with banking stocks dropping across the board.

The benchmark Shanghai Composite Index fell 0.51 percent, or 13.32 points, to end at 2,575.37 points.

Related readings:  China's stocks post sixth consecutive gain  Mainland stocks rise for 4th day in a row on policy outlook  China's stocks extend 4-day stretch on Thursday  Clean energy, consumption give stocks a boost

The Shenzhen Stock Index declined 0.24 percent, or 24.92 points, to 10,566.21 points.

Total turnover shrank to 162.12 billion yuan ($23.84 billion) from 168.33 billion yuan on the previous trading day.

Losers outnumbered gainers by 554 to 303 in Shanghai and 605 to 358 in Shenzhen.