Mon, October 06, 2008
Business > Markets

China shares close down 5.23 pct

2008-10-06 07:30:52 GMT2008-10-06 15:30:52 (Beijing Time) SINA.com

A Chinese investor at a stock price board at a private security firm in Shanghai on October 6. Asian stock markets have suffered a fresh mauling with Tokyo plunging to a four-year low on growing doubts about whether a Wall Street bailout package can stem the global financial crisis. (Agencies)

SHANGHAI, October 6, 2008 - Chinese share prices closed down 5.23 percent on Monday as persistent financial jitters in the United States outweighed news that margin trading would begin on a trial basis, dealers said.

The benchmark Shanghai Composite Index, which covers A and B shares, was down 120.05 points at 2,173.74 on turnover of 47.3 billion yuan (6.9 billion dollars).

The Shanghai A-share index fell 126.06 points, or 5.23 percent, to 2,282.81 points on turnover of 47.2 billion yuan, while the Shenzhen A-share index was down 24.20 points, or 3.75 percent, to 620.75 on turnover of 21.8 billion yuan.

(Agencies)

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