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Shanghai: Shares end 1.16% lower

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[SHANGHAI] Shanghai stocks ended 1.16 per cent lower in volatile trade Tuesday after surging about 13 per cent in the previous three sessions, while investors await the release of Chinese economic growth data.

The benchmark Shanghai Composite Index fell 45.90 points to 3,924.49 on turnover of 830.1 billion yuan (US$135.7 billion). It fell as much as 2.89 per cent and rose up to 1.64 per cent.

But the Shenzhen Composite Index, which tracks stocks on China's second exchange, climbed 1.38 per cent, or 29.27 points, to 2,149.52 on turnover of 492.0 billion yuan.

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