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Chinese Shares End Monday on Positive Note
(MENAFN) Chinese equities ended Monday on a positive note, with the Shanghai Composite Index climbing 0.53 percent to 4,018.6 points.
The Shenzhen Component Index also advanced, finishing 0.18 percent higher at 13,427.61 points.
Trading activity picked up, with the combined turnover for both indexes reaching 2.17 trillion yuan (approximately 306.25 billion U.S. dollars), up from nearly 2 trillion yuan on the previous session.
Sector performance was mixed. Shares tied to tourism, ceramics, and liquor led the gains, while home appliances and shipbuilding stocks experienced significant declines.
Meanwhile, the ChiNext Index, which tracks China’s Nasdaq-style board for growth companies, fell 0.92 percent to close at 3,178.83 points Monday.
The Shenzhen Component Index also advanced, finishing 0.18 percent higher at 13,427.61 points.
Trading activity picked up, with the combined turnover for both indexes reaching 2.17 trillion yuan (approximately 306.25 billion U.S. dollars), up from nearly 2 trillion yuan on the previous session.
Sector performance was mixed. Shares tied to tourism, ceramics, and liquor led the gains, while home appliances and shipbuilding stocks experienced significant declines.
Meanwhile, the ChiNext Index, which tracks China’s Nasdaq-style board for growth companies, fell 0.92 percent to close at 3,178.83 points Monday.
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