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Money

Chinese shares decline over 1% Friday

(Xinhua)
Updated: 2010-04-16 16:20
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Chinese equities close lower ?Friday as the government extends further efforts to cool the ?overheating property market, which dragged down financial and real estate heavyweights. ? ?

China's long-awaited stock index futures also debuted Friday, ?which aims to provide more options for investors and tame market ?fluctuations. ? ?

Related readings:
Chinese shares decline over 1% Friday Futures likely to be pricey
Chinese shares decline over 1% Friday Mainland stocks fall on policy concerns
Chinese shares decline over 1% Friday Mainland stocks at 3-month high
Chinese shares decline over 1% Friday Chinese shares close slightly higher

The benchmark Shanghai Composite Index on the Shanghai Stock Exchange ended at 3,130.3 points,down 34.67 points, or 1.1 ?percent. ? ?

The Shenzhen Component Index on the Shenzhen Stock Exchange ?closed at12,416.86 points, down 96.43 points, or 0.77 percent, ?from the previous close. ? ?

Total turnover shrank to 187.24 billion yuan ($27.41 billion) from 249.13 billion yuan on the previous trading day. ? ?

Losers outnumbered gainers by 525 to 309 in Shanghai, while ?gainers outnumbered losers by 433 to 429 in Shenzhen. Enditem