Jump in Chinese shares Wednesday


(MENAFN) Shares in China kicks off on Wednesday supported by the food and beverages sectors mainly. According to the Shanghai Component benchmark index, shares upgraded from 0.25 percent to reach 2,985.66 points. Meanwhile, Shenzhen Component Index closed at 0.31 percent over at 9,753.31 points.

Both trading rates of stocks contracted from USD82.67 billion to USD101.06 billion
Most shanghai bourse stocks climbed, with gainers outnumbering losers by 723 to 637. And on Shenzhen bourse, most stocks fell, with losers outnumbering gainers by 1,053 to 973.

In general, the market share of food and beverage sector enlarged with share price of Jiugui Liquor Co., Ltd. climbing by the daily limit of 10 percent to close at 36.53 yuan per share.

However, corporations relied on pipeline transportation and mining services received the losses.

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