1st LD-Writethru: Chinese shares close higher Thursday

Xinhua
29 Oct 2020, 19:30 GMT+10

BEIJING, Oct. 29 (Xinhua) -- Chinese stocks closed higher on Thursday, with the benchmark Shanghai Composite Index up 0.11 percent to end at 3,272.73 points.

The Shenzhen Component Index closed 0.98 percent higher at 13,519.66 points.

The combined turnover of stocks covered by the two indices stood at 780.27 billion yuan (about 116.46 billion U.S. dollars), expanding from 733.16 billion yuan the previous trading day.

Losers outnumbered gainers 866 to 525 on the Shanghai bourse and 1,355 to 873 in Shenzhen.

Shares of companies in the automobile manufacturing, liquor, and medical equipment sectors led the gains, with Dongfeng Automobile Co., Ltd. hiking 4.15 percent to 5.77 yuan per share.

Meanwhile, shares of companies related to military defense and charging piles tumbled.

The ChiNext Index, China's NASDAQ-style board of fast-growing enterprises, gained 1.1 percent to close at 2,699.92 points on Thursday.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Manufacturing Mirror.

More Information

26 ℃

Mostly Cloudy in Seletar

Small Business

Section

Irish government to help small business sector cope with Brexit

DUBLIN, Ireland - The Irish government on Monday opened a new scheme to help small businesses prepare for Britain's exit ...

Tehran Swaps Imprisoned Australian Academic For Three Iranians

Iranian state television says Tehran has released detained British-Australian academic Kylie Moore-Gilbert, who was serving a 10-year prison sentence for ...

RXIL's First Trade Credit Insurance Transaction in Sandbox

Mumbai (Maharashtra) [India], November 25 (ANI/NewsVoir): Receivables Exchange of India Ltd. (RXIL) recently initiated a Trade Credit Insurance (TCI) backed ...