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Chinese shares close lower Tuesday, below 3,000-point level

(Xinhua)
Updated: 2010-02-23 16:00

BEIJING: Chinese equities continued the downward trend of the previous trading day and closed lower Tuesday, with the benchmark Shanghai Composite Index below the psychologically-important 3,000-point level.

Related readings:  Finance companies lead drop in stocks  Chinese shares dip as Lunar New Year weighs new policies  Chinese shares close lower on first trading day in Year of Tiger

The Shanghai Composite Index lost 0.69 percent, or 20.82 points, to close at 2,982.58 points.

The Shenzhen Component Index edged down 1.18 percent, or 144.34 points, to finish at 12,069.21 points.

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