Benchmark indices climb continues

Shanghai and Shenzhen A-shares ended on gains on Monday for the fifth trading day in a row, with the benchmark Shanghai Composite Index up 12.02 points, or 0.44 percent, to close at 2,758.23, and the Shenzhen Component Index increasing to 12,026.29, up 30.21 points, or 0.25 percent.

The Shanghai Composite started on Monday’s trading with a slump, but was then pushed up by bullish information released from some certain sectors to as high as 2,769 points in the morning session.

The two indices tumbled in the afternoon, but were once again driven up by chemical, agricultural and coal sectors

Shipbuilding, military-industrial and aerospace, agricultural, power generation equipment and new energy sectors were the best performers, while securities trading, banking and insurance stocks saw drops.

Combined turnover of both the Shanghai Composite and Shenzhen Component was 208.10 billion yuan ($32.13 billion) on Monday.

Global Times

Leave a Reply