Shares end 1.67% down with investor confidence restoring

11/20/2008 4:10:00 PM   Source:Xinhua    Author:    [Font Size:Bigger Middle Smaller]

Chinese shares dropped 1.67 percent to close at 1,983 points on Thursday despite sharp falls on other global equities markets.

The benchmark Shanghai Composite Index, which covers both A and B shares, fell 1.67 percent to 1,983 points. The Shenzhen Component Index lost 0.25 percent to 6,696 points.

The relatively slighter falls resulted from rising investor confidence over a series of polices taking by the central government to stimulate economic growth, analysts said.


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