BEIJING, July 25 (Xinhua) -- Wall Street's weakness and higher world oil prices ended Chinese equities' up trend on Friday, with the major index down about 1.5 percent.

    The benchmark Shanghai Composite Index fell 1.55 percent or 45.19 points, finishing at 2,865.1. The Shenzhen Component Index closed at 9,923.16 points, down 0.83 percent, or 82.83 points.

    Combined turnover shrank to 98.33 billion yuan (about 14.4 billion U.S. dollars) from 116.2 billion yuan on Thursday. Losses outnumbered gains by 627-232 in Shanghai and 451-248 in Shenzhen.

    PetroChina, the country's largest oil producer, shed 2.14 percent to 15.07 yuan, hurt by the oil price climb. The shares were also affected by an announcement that the company would trim 80,000 jobs within the next three years, or 5 percent of its staff, because of lagging profitability, said Wan Bing, a Guangdong-...

>> Full Article