Markets

Chinese shares close lower Friday

(Xinhua)
Updated: 2010-12-24 15:34

BEIJING - Chinese equities closed lower Friday as the benchmark Shanghai Composite Index went down 0.7 percent, or 20.06 points, to close at 2,835.16 points.

Related readings:  Stocks decline for second day  Stocks gain on oil shares  China stocks drop after fuel price hike  China's stocks close lower Monday

The Shenzhen Component Index lost 0.69 percent, or 87.73 points, to close at 12,556.85 points.

Combined turnover shrank to 185.28 billion yuan ($27.7 billion), from 209.64 billion yuan on the previous trading day.