Chinese shares reversed early losses Thursday as recent underperformers such as property developers and financial institutions rebounded. The benchmark Shanghai Composite Index gained 0.59 percent, or 11.83 points, to end at 2,006.1, while the Shenzhen Component Index was up 1.3 percent, or 100.38 points, to 7,804.11. Total turnover on the two bourses grew to 189.79 billion yuan (30.71 billion U.S. dollars) from 178.49 billion yuan the previous trading day. The property sector rallied following the release of semiannual reports which showed that sales of large companies grew considerably in the first half of the year. Gemdale Corporation rose 4.81 percent to 6.97 yuan per share. Poly Real Estate Group Co., Ltd. gained 2.9 percent to 9.94 yuan. The financial sector also picked up. Haitong Securities gained 2.37 percent to 9.51 yuan per share. Bank of Communications climbed 1.75 percent to end at 4.07 yuan per share. The non-ferrous metals and coal sectors were also among the biggest gainers, with their sub-indices up 3.82 percent and 2.82 percent respectively. Bucking the trend, the ChiNext Index, which tracks China's NASDAQ-style board of growth enterprises, closed down 1.51 percent to reach 1,087.9 points, after making a new high for the year on Wednesday.
GMT 11:02 2018 Tuesday ,11 December
ASE opens trading on lower noteGMT 15:40 2018 Monday ,10 December
Amman stock market closes trading at JD4.4 millionGMT 19:10 2018 Wednesday ,05 December
Index at Palestine stock market drops by less than one pointGMT 17:58 2018 Sunday ,25 November
Amman stock market wraps up trading at JD2.6 millionGMT 14:24 2018 Thursday ,22 November
Russia’s stock market demonstrates record-breaking figures in 2018GMT 11:45 2018 Tuesday ,20 November
Tokyo stocks close lower as tech issues weigh, Nissan tumblesGMT 15:08 2018 Monday ,19 November
Amman stock market wraps up trading at JD6.1 millionGMT 15:51 2018 Sunday ,18 November
U.S. stocks post weekly losses amid tech shares routMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor