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Shares close 0.29% lower as sentiment remains weak

(Xinhua)
Updated: 2008-07-23 16:33

Chinese shares continued to go down on Wednesday amid weak market sentiment, failing to follow Wall Street's overnight gains and neighboring markets' rallies.

The benchmark Shanghai Composite Index was 0.29 percent or 8.27 points lower to end at 2,837.85 points. The Shenzhen Component Index closed at 9,734.72 points, down 116.57 points, or 1.18 percent.

Combined turnover eased to 97.16 billion yuan ($14.23 billion) from 98.36 billion yuan on Tuesday.