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Business / Stock Market

Chinese stocks close lower

Published: 03 May 2017 - 11:35 am | Last Updated: 01 Nov 2021 - 08:54 am
File Photo: AFP.

File Photo: AFP.

AFP

Shanghai: Chinese stocks closed lower on Wednesday as market liquidity tightened and investors took profits in construction-related shares.

The benchmark Shanghai Composite Index declined 0.27 percent, or 8.37 points, to 3,135.35 on turnover of 190.2 billion yuan ($27.6 billion).

The Shenzhen Composite Index, which tracks stocks on China's second exchange, fell 0.27 percent, or 5.13 points, to 1,901.75 on turnover of 241.1 billion yuan.