Chinese shares close down 1.82 percent

Chinese share prices closed 1.82 percent lower on Tuesday as investors took cues from weak performances of US financial stocks and sold shares in their mainland counterparts, dealers said.

The benchmark Shanghai Composite Index, which covers both A and B shares, lost 52.70 points to 2,850.31 on turnover of 59.3 billion yuan (8.7 billion dollars).

The Shanghai A-share index lost 55.47 points, or 1.82 percent, to 2,990.03 on turnover of 59.2 billion yuan, while the Shenzhen A-share index shed 14.00 points, or 1.54 percent, to 897.83 on turnover of 30.2 billion yuan.

(Agencies)