Mon, June 07, 2010
Business > Markets

China's stocks close down Monday on weaker global recovery prospects

2010-06-07 08:00:37 GMT2010-06-07 16:00:37 (Beijing Time)  Xinhua English

BEIJING, June 7 (Xinhua) -- Chinese stock markets closed down Monday, on concerns that disappointing U.S. employement data and Europe's debt crisis would slow the global economic recovery, but equities of railway builders rose across the board.

The Shanghai Composite Index closed at 2,511.73 points, down 41.86 points, or 1.64 percent from the previous close.

The Shenzhen Component Index ended at 9992.67 points, down 194.53 points, or 1.91 percent, from the previous close.

Total turnover expanded to 142.88 billion yuan (20.92 billion U.S. dollars) from 120.55 billion yuan on the previous trading day.

Losers outnumbered gainers by 633 to 253 in Shanghai and gainers outnumbered losers by 460 to 451 in Shenzhen.

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