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Chinese shares edge down 0.48% on profit-taking

(Xinhua)
Updated: 2009-06-05 16:35

Chinese shares continued its downward trend for the second consecutive trading day and lost 0.48 percent Friday on profit-taking, dealers said.

Related readings:  Chinese share up 0.38%, led by cement, machinery shares  Chinese share prices slightly lower upon profit taking  Chinese share prices fall on Thursday

The benchmark Shanghai Composite Index sank 0.48 percent, or 13.35 points, to close at 2,753.89 points Friday.

The Shenzhen Component Index went down 0.62 percent, or 66.61 points, to 10,667.11.

Losses outnumbered gains by 501 to 343 in Shanghai and 434 to 305 in Shenzhen.

Combined turnover shrank to 234.52 billion yuan ($34.32 billion) Friday from 263.54 billion yuan on the previous trading day.