China’s Stocks Post Mixed Results on Monday
(MENAFN) Chinese equities posted a mixed performance on Monday, as the Shanghai Composite Index dipped by 0.26%, settling at 3,860.5 points.
In contrast, the Shenzhen Component Index recorded a gain, rising 0.63% to close at 13,005.77 points.
Total trading volume across both major indices fell to 2.28 trillion yuan (approximately 320.9 billion U.S. dollars), marking a decline from the previous session’s 2.52 trillion yuan.
Shares in the textile machinery and auto manufacturing sectors were among the top performers, while stocks linked to ceramics and non-ferrous metals experienced notable losses.
Meanwhile, the ChiNext Index, which reflects activity on China’s Nasdaq-style board for growth-oriented companies, jumped 1.51% to finish the day at 3,066.18 points.
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