DJIA26178.45
LIVE292.44(1.13%)
NDX7731.24
LIVE127.13(1.67%)

China Stocks Extend Gains


Friday, 9 March 2018 14:54 WIB

SahamChinaIndeks Shanghai Composite


c_740_198_16777215_00_images_assets_HANGSENG_China-Economic-Growth.jpg

China stocks extended gains on Friday to end the week higher, led by start-ups as investors continued to place bets on tech firms seen as the drivers of the country's "new economy", and as investors pondered the impact of U.S. tariffs.

For the day, the Shanghai Composite index was up 0.6 percent at 3,307.17, while the blue-chip CSI300 index was up 0.78 percent at 4,108.87. For the week, SSEC gained 1.6 percent, while CSI300 advanced 2.3 percent.

The start-up board ChiNext Composite index jumped 3.53 percent on Friday to a near four-month high. The index has gained 4.8 percent this week, in its fourth straight weekly gain. The largest percentage gainers in the main Shanghai Composite index were Beijing Dynamic Power Co Ltd, up 10.09 percent, followed by Xinjiang Bai Hua Cun Co Ltd gaining 10.05 percent, and Shanghai U9 Game Co Ltd up by 10.01 percent. The largest percentage losers in the Shanghai index were Guangdong Hec Technology Holding Co Ltd, down 6.62 percent, followed by Top Energy Company Ltd Shanxi losing 3.57 percent and Chongqing Iron & Steel Co Ltd down by 3.49 percent. As of 07:04 GMT, China's A-shares were trading at a premium of 28.04 percent over the Hong Kong-listed H-shares.

Source : Reuters


RELATED NEWS

  • U.S. stock index futures point to a higher open on Monday morning. At around 04:39 a.m. ET, Dow futures rose 198 points, indicating a positive open of more than 224.99 points. Futures on the S&P ...
  • Hong Kong shares jumped more than two percent Monday following a healthy lead from Wall Street with investors cheered by positive comments on trade talks by Donald Trump's top trade adviser. The Hang...

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.