Arab Today, arab today chinese shares close mixed as expectations vary
Last Updated : GMT 12:02:44
Arab Today, arab today
Arab Today, arab today

Chinese shares close mixed as expectations vary

Arab Today, arab today

Arab Today, arab today Chinese shares close mixed as expectations vary

Beijing - XINHUA

Chinese shares closed mixed on Tuesday as investors' expectations about the market were divided after the benchmark index touched a three-week low on Monday. The benchmark Shanghai Composite Index recovered 2.94 points, or 0.15 percent, to close at 2,008.12. The Shenzhen Component Index barely changed at 7,151.18. Combined turnover expanded to 119.53 billion yuan (about 19.4 billion U.S. dollars) from 113.54 billion yuan on the previous trading day. The China Securities Regulatory Commission said late on Monday that around 100 companies would be allowed to go public this year, temporarily easing investors' concerns over an upcoming wave of massive listings. At least 336 companies have disclosed their pre-listing information, waiting for regulatory permission for their early initial public offering plans. Massive IPOs are feared to drain money from the market as many Chinese investors tend to sell or cut their holdings of listed firms to raise money to subscribe for new offers in hope of higher returns from newly-offered shares. The computer sector gained 2.43 percent as China has announced that it will ban the use of Microsoft's Windows 8 operating system in new government computers, a move to ensure computer security after the shutdown of Windows XP. The banking sector still lacked momentum as concerns over China's economic growth continued to weigh on the country's lenders. The Industrial and Commercial Bank of China, the nation's largest commercial bank, added 0.29 percent to 3.47 yuan.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today chinese shares close mixed as expectations vary Arab Today, arab today chinese shares close mixed as expectations vary

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today chinese shares close mixed as expectations vary Arab Today, arab today chinese shares close mixed as expectations vary

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?

GMT 17:28 2017 Thursday ,18 May

Saudi stocks rise in heavy trading

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%

GMT 06:20 2017 Tuesday ,16 May

Tadawul index climbs 0.6%

GMT 13:43 2017 Monday ,15 May

Oman share index declines marginally
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday