A-share Trend | Shanghai Index Closes Down 4 Points, Ending Two-Day Winning Streak

robot
Abstract generation in progress

Mainland China’s stock markets were relatively weak, with the Shanghai Composite Index closing down 4 points, ending a two-day winning streak. The combined trading volume of the two markets decreased to 2.44 trillion yuan (RMB).

The Shanghai Composite Index rose as much as 8 points or 0.2%, reaching a high of 4,141 points before selling pressure emerged. The market declined, with a maximum drop of 30 points or 0.73%, hitting a low of 4,103 points. In the afternoon, the decline narrowed, and the index closed at 4,129 points, down 4 points or 0.1%, with a trading volume of 10.782 trillion yuan.

The Shenzhen Component Index rose as much as 12 points or 0.09%, reaching a high of 14,478 points. Subsequently, selling pressure increased, and the market turned lower, with a maximum decline of 219 points or 1.52%, hitting a low of 14,245 points. The index closed at 14,374 points, down 90 points or 0.63%, with a trading volume of 13.6368 trillion yuan.

The CSI 300 Index was at 4,687 points, down 16 points or 0.36%; the ChiNext Index was at 3,317 points, down 32 points or 0.96%.

Different sectors showed mixed performance: aircraft manufacturing stocks fell more than 3%; automobile manufacturing stocks declined over 1%; cement, non-ferrous metals, real estate, biopharmaceuticals, media and entertainment, electronics, chemicals, oil, and financial stocks were soft; coal stocks rose over 4%; steel and power stocks increased over 1%.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin