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Chinese shares drop 2.65%, dipping below 2,800 mark

(Xinhua)
Updated: 2009-09-28 16:21

Chinese equities continued the downward trend and dropped 0.52 percent in light trade Monday, dipping below the psychologically important 2,800 mark, amid investors' wait-and-see attitude, dealers said.

Related readings:  Chinese shares slip 0.52% to end week lower  Chinese shares edge up 0.38%  Chinese shares sluggish for second day, down 1.89%

The Shanghai Composite Index on the Shanghai Stock Exchange closed at 2,763.53 points Monday, down 75.32 points, or 2.65 percent, from the previous close.

The Shenzhen Component Index on the Shenzhen Stock Exchange closed at 11,086.71 points Monday, down 297.45 points, or 2.61 percent.

Combined turnover shrank for a fifth day to 118.5 billion yuan ($17.35 billion) from 129.33 billion yuan of the previous trading day.