Off the wire
• 1st LD: Syrian military intensifies airstrikes on rebel positions in Aleppo  • E China province elects new governor  • China steps up inspection of online games  • 3 telecom fraud suspects surrender to police  • Spanish police detain five as part of European anti-Jihadist operation  • Urgent: Missile that downed MH17 came from Russia, says joint investigation team  • 1st LD-Writethru: 1992 Consensus not an additional premise: spokesperson  • Roundup: Afghan gov't to complete 5 years term: Abdullah  • Journalist shot dead in Somali capital  • 3 police, 1 civilian shot dead in Egypt's restive Sinai  
You are here: 　 Home

1st LD Writethru: Chinese shares close lower Wednesday

Xinhua, September 28, 2016 Adjust font size:

China's stocks retreated Wednesday despite a previous mild rebound buoyed by robust business profit data as investors took a wait-and-see attitude before the upcoming holiday.

The benchmark Shanghai Composite Index lost 0.34 percent to finish at 2,987.86 points.

The Shenzhen Component Index closed 0.09 percent lower at 10,467.16 points. China's NASDAQ-style ChiNext Index edged down 0.05 percent to close at 2,139.63 points.

The lackluster performance could be attributed to thin trading. Most investors opted against big transactions before the week-long National Day holiday that starts on Saturday.

Total turnover on the two bourses slipped to 305.2 billion yuan (45.77 billion U.S. dollars), the lowest level in four months.

The declines were led by the textile machinery and oil sectors. China Petroleum & Chemical Corporation, a heavyweight owned by the country's largest oil producer Sinopec Group, dropped 0.83 percent to 4.77 yuan per share. Endi