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Published: 10:01, August 19, 2022 | Updated: 16:42, August 19, 2022
Chinese shares close lower Friday
By Xinhua
Published:10:01, August 19, 2022 Updated:16:42, August 19, 2022 By Xinhua

BEIJING - Chinese stocks closed lower on Friday, with the benchmark Shanghai Composite Index down 0.59 percent to 3,258.08 points.

The Shenzhen Component Index closed 1.27 percent lower at 12,358.55 points.

Turnover of stocks covered by the two indices stood at 1.12 trillion yuan ($164.58 billion), higher than the level on the previous trading day.

The electricity and coal sectors were among the biggest gainers, while stocks related to lab-grown diamonds suffered losses.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, lost 1.5 percent to close at 2,734.22 points.


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