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Profit booking weigh down China stocks

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Capital Market
Mainland China share market finished slight down in narrow and quiet trade on Friday, 30 May 2014, due to continued profit-taking in recent high-performers. Shares in property counters recorded major losses, but gains in nickel miners and auto makers on hopes of more government support helped offset market losses. The benchmark Shanghai Composite inched down 0.07% to finish at 2039.21, on turnover of 62.35 billion yuan. The Shanghai and Shenzhen stock exchanges will be closed on Monday for a public holiday.

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First Published: May 30 2014 | 3:54 PM IST

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