Markets

China's stocks close down Monday on weaker global recovery prospects

(Xinhua)
Updated: 2010-06-07 16:33

BEIJING - Chinese stock markets closed down Monday, on concerns that disappointing US employement data and Europe's debt crisis would slow the global economic recovery, but equities of railway builders rose across the board.

The Shanghai Composite Index closed at 2,511.73 points, down 41.86 points, or 1.64 percent from the previous close.

Related readings:  Stocks advance on property firms' rebound  China's stocks edge up - Friday  Chinese stocks close slightly higher - Wednesday  China stocks down Tuesday on slowing manufacturing growth

The Shenzhen Component Index ended at 9,992.67 points, down 194.53 points, or 1.91 percent, from the previous close.

Total turnover expanded to 142.88 billion yuan ($20.92 billion) from 120.55 billion yuan on the previous trading day.

Losers outnumbered gainers by 633 to 253 in Shanghai and gainers outnumbered losers by 460 to 451 in Shenzhen.