China stock index hovers around 4,000 points

Source: Xinhua | July 21, 2015, Tuesday |

Online Edition

China's benchmark Shanghai Composite Index hovered around the 4,000-point level on Tuesday, as market sentiment remained cautious following the recent drastic ups and downs.

The index was up 0.64 percent to close at 4,017.68 points.

The smaller Shenzhen Component Index gained 0.86 percent to close at 13,315.56 points. The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, rose 1.21 percent to end at 2,882.9 points.

This is the fourth consecutive day of gains following government moves to arrest a freefall that saw the key index plunge over 30 percent from its June 12 peak.

Trading was thin on Tuesday, with total turnover on the two bourses totaling 1.2 trillion yuan (US$197.2 billion).

Shares related to highways, airports and railways led the gains. Hubei Chutian Expressway Limited surged by the daily limit of 10 percent to end the day at 6.55 yuan per share.

China Southern Airlines, China Eastern Airlines and Hainan Airlines all saw their shares soaring by the daily limit.

Guo Yiming, an analyst with Shaanxi Jufeng Investment Information Co., said whether the upward momentum can be sustained is still in question given the thin trading.

Business Shanghai Composite Index

About Us
|
Terms of Use
|
RSS
|
Privacy Policy
|
Contact Us
|
Shanghai Call Center: 962288
|
Tip-off hotline: 52920043

沪ICP证：沪ICP备05050403号-1
|
互联网新闻信息服务许可证：31120180004
|
网络视听许可证：0909346
|
广播电视节目制作许可证：沪字第354号
|
增值电信业务经营许可证：沪B2-20120012

China stock index hovers around 4,000 points

Email this to your friend