China A-shares close mixed amid wide ranging correction; properties, banks fall |
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Thu, 18 Jan 2007 08:42
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SHANGHAI (XFN-ASIA) - A-shares in Shanghai and Shenzhen closed mixed as the market corrected with real estate developers and banks under pressure, dealers said.The benchmark Shanghai Composite Index, which covers both A- and B-shares listed on the Shanghai Stock Exchange, closed down 21.92 points, or 0.79 pct, at 2,756.98, after moving between 2,679.71 and 2,784.04.Turnover fell to 84.13 bln yuan from 96.78 bln in the previous session.The Shanghai A-share Index lost 23.74 points or 0.81 pct to 2,896.34 on turnover of 82.94 bln yuan and the Shenzhen A-share Index was up 8.94 points or 1.34 pct at 673.59 on turnover of 42.34 bln yuan.The FTSE/Xinhua China A 50 Index was down 139.58 points at 9,929.52. The FTSE/Xinhua China A 200 Index slipped 10.15 points to 6,857.10 and the FTSE/Xinhua China A 600 Index was up 28.40 points at 5,743.17.(1 usd = 7.80 yuan)lake.xu@xinhuafinance.com
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Hong Kong shares end morning weaker; China properties hit by tax concerns UPDATE 