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Chinese Stocks End Monday Up
(MENAFN) Chinese equities climbed Monday, with the flagship Shanghai Composite Index advancing 0.65 percent to settle at 3,914.01 points.
The Shenzhen Component Index posted stronger momentum, surging 1.25 percent to finish at 13,146.72 points.
Combined trading volume across both exchanges reached 1.87 trillion yuan (approximately $264.28 billion)—marking a substantial increase from the prior session's 1.59 trillion yuan and signaling heightened investor activity.
Ceramics, tourism, and non-ferrous metal stocks spearheaded the rally, delivering the session's most impressive returns. Conversely, furniture manufacturing, road and bridge infrastructure operators, and printing and packaging companies experienced significant selloffs.
The ChiNext Index, which monitors China's growth-oriented technology board comparable to America's Nasdaq, jumped 1.31 percent to close Monday's session at 3,092.5 points, reflecting continued optimism in the nation's innovation-driven enterprises.
The robust performance across multiple indices suggests renewed confidence among mainland investors despite ongoing global economic uncertainties.
The Shenzhen Component Index posted stronger momentum, surging 1.25 percent to finish at 13,146.72 points.
Combined trading volume across both exchanges reached 1.87 trillion yuan (approximately $264.28 billion)—marking a substantial increase from the prior session's 1.59 trillion yuan and signaling heightened investor activity.
Ceramics, tourism, and non-ferrous metal stocks spearheaded the rally, delivering the session's most impressive returns. Conversely, furniture manufacturing, road and bridge infrastructure operators, and printing and packaging companies experienced significant selloffs.
The ChiNext Index, which monitors China's growth-oriented technology board comparable to America's Nasdaq, jumped 1.31 percent to close Monday's session at 3,092.5 points, reflecting continued optimism in the nation's innovation-driven enterprises.
The robust performance across multiple indices suggests renewed confidence among mainland investors despite ongoing global economic uncertainties.
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