Friday, 31 July 2015 14:40
SHANGHAI: Shanghai shares closed down 1.13 percent on Friday, after the market regulator announced a crackdown on computerised programme selling that it blamed for recent volatility, dealers said.
The benchmark Shanghai Composite Index dropped 42.04 points to 3,663.73 on turnover of 460.5 billion ($ 75.3 billion). The index slumped 10 percent over the week.
The Shenzhen Composite Index, which tracks stocks on China’s second exchange, fell 0.82 percent, or 17.54 points, to 2,110.62 on turnover of 417.6 billion yuan. It tumbled 9.13 percent from last Friday’s close.
