Chinese shares lost 0.66 percent on Friday, continuing their fall for the fourth consecutive trading day, dragged down by energy heavyweights.
The benchmark Shanghai Composite Index, which covers A and B shares, closed at 3,329.67 points, down 21.98 points from the previous close.
The Shenzhen Component Index fell 126.30 points, or 1.06 percent, to 11,733.97 points.
Combined turnover further dropped from 76.68 billion yuan (11.11 billion U.S. dollars) on Thursday to 66.14 billion yuan on Friday.
Oil shares were under pressure as the international crude price held near 128 U.S. dollars per barrel after rising more than 5 U.S. dollars overnight.
Sinopec, Asia's top oil refiner, sank 2.46 percent to 13.47 yuan, while PetroChina, the country's largest oil producer, lost 1.83 percent to 17.17 yuan.
Coal shares remained weak as China Shenhua, the leading coal producer, fell 1.12 percent to 42.39 yuan, with China Coal Energy, the second largest coal producer down 0.22 percent to 17.89 yuan, as local governments of coal-rich Shandong and Shaanxi provinces told coal mines not to raise prices amid a national coal shortage earlier this week.
Steel firms bucked the trend on the huge demand for steel products due to quake reconstruction, dealers said. Baosteel, the country's largest steel maker, rose 2.34 percent to 11.81 yuan with Wuhan Iron and Steel Corporation up 0.91 percent to 14.37 yuan.
Tourism shares rose across the board, spurred by the coming three-day holiday starting from Saturday for the Dragon-boat Festival, with Beijing Capital Tourism up 2.68 percent to 29.90 yuan and China Youth Travel Service up 0.75 percent to 20.03 yuan.
Falling issues outnumbered rising stocks by 501 to 327 in Shanghai and by 342 to 330 in Shenzhen.
Source:Xinhua
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