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Article: 1st Ld-Writethru: Chinese equities down 1.64 pct on profit taking
- Article from:
- Xinhua News Agency
- Article date:
- July 21, 2009
CopyrightCopyright 2009 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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1st Ld-Writethru: Chinese equities down 1.64 pct on profit taking
BEIJING, July 21 (Xinhua) -- Chinese equities slipped Tuesday
after hitting a 13-month high Monday, posting the biggest one-day
decline since June 12.
The benchmark Shanghai Composite Index dropped 1.64 percent, or
18.93 points, to 3,213.21. The Shenzhen Component Index went down
1.52 percent, or 204 points, to 13,177.21.
Combined turnover shrank to 345.91 billion yuan (50.64 billion
U.S. dollars) from 350.57 billion yuan on Monday.
Losers outnumbered gainers by 709 to 161 in Shanghai and 619 to
129 in Shenzhen.
Automobile stocks led the losers with six companies falling by
more than 5 percent, including Shenzhen Tellus ...