Friday, October 10, 2008

Chinese shares dip 3.37% on weak market confidence

Chinese shares continued to plummet for five consecutive days on Friday dampened by weak market confidence amid the global turmoil.

The benchmark Shanghai Composite Index lost 3.57 percent to end at 2,000.57 points. The Shenzhen Component Index closed at 6,385.35 points, down 5.52 percent.

Aggregate turnover rose to 54.08 billion yuan from previous day's 48.8 billion yuan. Losses outnumbered gains by 1,541 to 62.


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