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Markets

China's stocks down 0.16% dragged by blue chip

(Xinhua)
Updated: 2010-01-29 16:40
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Chinese equities closed slightly lower Friday, dragged down by blue chip stocks.

The benchmark Shanghai Composite Index dropped 0.16 percent, or 4.85 points, to close at 2,989.29 points.

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The Shenzhen Component Index gained 0.14 percent, or 16.72 points, to close at 12,137.2 points.

Combined turnover totaled 167.39 billion yuan ($24.54 billion), up from 147.96 billion yuan on the previous trading day.

Losers outnumbered gainers by 494 to 351 in Shanghai and 552 to 282 in Shenzhen.
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