At closing bell, the benchmark Shanghai Composite Index edged down 0.01%, or 0.51 point, to 3,525.10. The Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.81%, or 19.21 points, to 2,378.61. The blue-chip CSI300 index rose 0.01%, or 0.57 point, to 5,102.46.
The best performing sectors in the Shanghai Stock Exchange were Soft Drinks (up 6.8%), New Energy Power (up 6.5%), Consumer Electronics (up 6.4%), Automobile (up 6.2%), and Motorcycle (up 6.1%), while the worst performing sectors were Internet Retail (down 3.9%), Oil & Gas Equipment & Services (down 3.6%), Oil & Gas Exploration & Production (down 3.5%), Household Products (down 3.2%), and White Liquor (down 2.7%).
The best performing sectors in the Shenzhen Stock Exchange were Soft Drinks (up 8%), Industrial Conglomerates (up 6.1%), Automobile (up 5.8%), Rubber (up 4.9%), and Rare Metals (up 4.9%), while the worst performing sectors were Household Products (down 2.9%), Coal (down 2.7%), Oil & Gas Drilling (down 2.5%), Telecom Value Added Service (down 2.5%), and IT Outsourcing Services (down 2.3%).
CURRENCY NEWS: China yuan was up against the dollar on Friday, despite weaker mid-point fixing by central bank. Prior to the market opening, the People's Bank of China (PBOC) set the midpoint rate CNY=PBOC at 6.4361 per dollar, 0.1% weaker than the previous fix of 6.4298. In the spot market, onshore yuan CNY=CFXS was changing hands at 6.4457, firmer by 0.05% than the previous late session close.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content