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Stocks slip 0.08% on decade-low Q1 growth
(Xinhua)
Updated: 2009-04-16 15:50 Chinese equities retreated 0.08 percent Thursday, after the government said the country's economy grew 6.1 percent in the first quarter, the slowest pace in a decade. The benchmark Shanghai Composite Index finished the day at 2,534.13 points, down 1.92 points from the previous closing, breaking a five-day rising streak. The Shenzhen Component Index lost 0.14 percent, or 13.23 points, to close at 9,711.36. Gains outnumbered losses by 466 to 379 in Shanghai, while losses outnumbered gains by 388 to 333 in Shenzhen. Combined turnover went slightly higher to 270.24 billion yuan ($39.74 billion) from 268.93 billion yuan on the previous trading day. (For more biz stories, please visit Industries)
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