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Chinese shares down 0.76% on weak confidence

(Xinhua)
Updated: 2008-11-04 16:58

Chinese shares dropped 0.76 percent on Tuesday upon weak confidence from investors.

The benchmark Shanghai Composite Index lost 0.76 percent, or 13.07 points, to close at 1,706.70. The Shenzhen index was down 2.68 percent, or 156.20 points, to close at 5,668.81 points.

The combined turnover was 34.8 billion yuan ($5.09 billion), compared with 32.11 billion yuan on the previous trading day. Losses outnumbered gains by 571 to 236 in Shanghai, and by 511 to 168 in Shenzhen.