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China stocks ease after three straight days of gain


Wednesday, 25 July 2018 14:38 WIB

SahamChinaIndeks ShanghaiCSI 300 Blue-Chip


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China stocks ended slightly lower on Wednesday as investors paused for breath after three straight days of gain.

The blue-chip CSI300 index ended down 0.1 percent at 3,577.75 points while the Shanghai Composite Index also eased 0.1 percent to 2,903.65 points. Both indexes were up for the past three session in a row as investors cheered Beijing's stimulus plan. Sectors were mixed for the day, with most of them little changed.

Around the region, MSCI's Asia ex-Japan stock index was firmer by 0.38 percent while Japan's Nikkei index closed up 0.46 percent. At 07:02 GMT, the yuan was quoted at 6.7817 per U.S. dollar, 0.33 percent firmer than the previous close of 6.8041.

The largest percentage gainers in the main Shanghai Composite index were North China Pharmaceutical Co Ltd, up 10.06 percent, followed by Nanning Department Store Co Ltd , up 10.05 percent, and Liaoning SG Automotive Group Co Ltd, up 10.04 percent. The largest percentage losers in the Shanghai index were Fuda Alloy Materials Co Ltd, down 6.8 percent, followed by Fujian Start Group Co Ltd, down 6.49 percent and Huafang Co Ltd, down 6.22 percent.

Source : Reuters


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