Chinese shares fall for third straight day, driven by energy producers
3/9/2008 17:20
Chinese equities declined for the third consecutive day today, led by
energy producers as concerns deepened that energy prices would drop further,
analysts said.
The Shanghai Composite Index was down 28.22 points, or 1.22
percent, to 2,276.67. In Shenzhen, the market shed 2.17 percent, or 164.81
points, to close at 7,413.55.
Aggregate turnover expanded to 49.1 billion
yuan (US$7.2 billion) from a 21-month low of 38.9 billion yuan on the previous
trading day.
Losses outnumbered gains by 470-376 in Shanghai and 362-355 in
Shenzhen.
Xinhua
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