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Markets

China shares end down 1.1pc at 3-year low

Published Updated

 SHANGHAI: China stocks ended down 1.1 percent on Tuesday, the lowest close since March 2009, although trade remained light as investors were cautious over tight liquidity conditions ahead of the year-end.

The Shanghai Composite Index ended at 2,166.2, extending a 0.7 percent drop on Monday. It has slumped around 23 percent so far this year.

Turnover in the Shanghai market dropped to 37.3 billion yuan ($5.89 billion), compared with Monday's 36.3 billion yuan, which was the lowest in three years.

Copyright Reuters, 2011

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