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Chinese shares close down 1.06%

(Xinhua)
Updated: 2009-12-08 16:23

Chinese equities dropped dived 1.06 percent Tuesday, led by declining financial stocks.

The benchmark Shanghai Composite Index went down 1.06 percent, or 35.24 points, to close at 3,296.66.

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The Shenzhen Component Index dipped 0.86 percent, or 121.24 points, to close at 13,930.28.

Combined turnover shrank to 275.4 billion yuan ($40.32 billion) from 277.3 billion yuan on the previous trading day.

Losers outnumbered gainers by 561 to 311 in Shanghai and 418 to 382 in Shenzhen.