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| Tags: chinese, crude, prices, rise, shares, undercut, world |
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Chinese shares undercut as world crude prices rise
Chinese shares edged down on Wednesday, falling for a second consecutive day, as higher world crude prices hit airline and oil company stocks. The Shanghai Composite Index dropped 0.34 percent, or 7.94 points, to 2,342.15. In Shenzhen, the market fell 0.76 percent, or60.2 points, to close at 7,827.16. Aggregate turnover reached 47.3 billion yuan (6.9 billion U.S. dollars), almost unchanged from 47.2 billion yuan on Tuesday. Nearly half of the stocks dropped on the two bou ...
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