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Shanghai: Shares end down 1.06% on economy concerns

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Shanghai shares closed down 1.06 per cent on Wednesday as weakness in the yuan and worse-than-expected economic figures hurt sentiment, dealers said.

[SHANGHAI] Shanghai shares closed down 1.06 per cent on Wednesday as weakness in the yuan and worse-than-expected economic figures hurt sentiment, dealers said.

The benchmark Shanghai Composite Index lost 41.59 points to 3,886.32 on turnover of 597.1 billion yuan (S$133 billion).

The Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 1.54 per cent, or 35.09 points, to 2,249.18 on turnover of 506.7 billion yuan.

AFP

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