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China's stocks edge down Tuesday amid cautious sentiment

(Xinhua)

08:36, November 07, 2012


BEIJING, Nov. 6 (Xinhua) -- Chinese stocks ended slightly lower on Tuesday as investors remained cautious about the growth prospects of the world's second-largest economy.

The benchmark Shanghai Composite Index moved down 0.38 percent, or 8.03 points, to close at 2,106, while the Shenzhen Component Index closed at 8,589.86, down 64.88 points, or 0.75 percent

Combined turnover on the Shanghai and Shenzhen stock exchanges rose to 105.6 yuan (16.8 billion U.S. dollars) from 102.2 billion yuan the previous trading day.

Losers outnumbered gainers by 734 to 215 in Shanghai and by 1,150 to 356 in Shenzhen.

About 70 percent of stocks saw losses on Tuesday, with liquor producers, property developers and coal-related shares leading the drops.


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