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Chinese shares down first time in four days

(Xinhua)
Updated: 2008-07-10 15:44

Chinese shares slipped 1.54 percent on Thursday on concerns that a slowdown in the US economy would further cut the country's demand of exports.

The benchmark Shanghai Composite Index shed 1.54 percent, or 45.1 points to end at 2,875.45 points. The downward movement ended an increase for three consecutive days.

The Shenzhen Component Index closed at 10,178.61 points, down 176.77 points, or 1.71 percent.

Aggregated turnover on the two bourses reached 151.64 billion yuan ($21.66 billion).