BEIJING, Dec. 9 (Chinese media) -- Share prices on Chinese capital markets Tuesday ended their upward adjustments of the last six consecutive trading days to fall more than 2.5 percent upon profit-taking and worries about possibly unsatisfactory economic data.
The central bank is to release data about money supply and performance of the financial sector for November later this week. Foreign trade figures and price indices for last month are also to be unveiled in the coming days. Investors forecast the data would be not upbeat.
Tuesday saw the benchmark Shanghai Composite Index lose 53.03 points, or 2.54 percent, to close at 2,037.74 points, and the smaller Shenzhen index drop 167 points, or 2.23 percent, to end at7,360.99 points.
Combined turnover on the two bourses stood at 151.027 billion yuan (22.05 billion U.S. dollars), down from the 169.948 billion yuan for the previous trading day.
Gains were dwarfed by losses by 184 to 677 in Shanghai and by 162 to 573 in Shenzhen.
Heavyweights led the downward trend.
PetroChina, the country's largest oil producer, lost 2.03 percent to 11.61 yuan, the Industrial and Commercial Bank of China, the nation's largest commercial bank, fell 3.17 percent to 3.97 yuan, the Bank of China, went down 2.38 percent to 3.28 yuan, and the two leading insurers, China Life and China Ping An, down 3.93 percent and 2.95 percent, respectively, to 20.07 yuan and 26.68 yuan.
The coal sector added some bright tint to Tuesday's equity markets, as the National Development and Reform Commission has decided to lift the pricing restriction on the fossil fuel.
Xishan Coal Electricity gained 3.61 percent to 12.05 yuan, Opencast Coal Industry went up 3.60 percent to 11.52 yuan, and Coal Gasification, up 2.27 percent to 10.36 yuan.
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