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Chinese shares close down 2.83% Tuesday

(Xinhua)
Updated: 2009-10-27 16:06

Chinese equities closed down 2.83 percent on Tuesday.

Related readings:  Chinese shares close mixed Monday  Chinese shares up 1.85% led by commodity producers  Chinese shares close slightly down  Chinese shares end mixed Wednesday

The benchmark Shanghai Composite Index lost 88.11 points, or 2.83percent, to end at 3,021.46.

The Shenzhen Component Index dropped 402.81 points, or 3.14 percent, to close at 12,412.45.

Combined turnover shrank to 158.30 billion yuan ($23.18 billion) from 218.72 billion yuan on the previous trading day.