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Chinese stocks down 2.5% upon profit-taking

(Xinhua)
Updated: 2008-12-09 16:25

Share prices on Chinese capital markets Tuesday concluded upward adjustments for six consecutive trading days to fall more than 2.5 percent upon profit-taking and lingering concerns about unsatisfactory economic data.

The benchmark Shanghai Composite Index lost 53.03 points, or 2.54 percent, to close Tuesday's trading at 2,037.74 points.

The smaller Shenzhen index dropped 167 points, or 2.23 percent, to end at 7,360.99 points.

Combined turnover on the two bourses stood at 151.027 billion yuan ($22.05 billion), down from the 169.948 billion yuan for the previous trading day.