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Chinese shares close mixed Friday

Source: Xinhua   2017-03-10 18:03:46

BEIJING, March 10 (Xinhua) -- Chinese stocks closed mixed on Friday, with the benchmark Shanghai Composite Index down 0.12 percent, at 3,212.76 points.

The smaller Shenzhen index closed 0.29 percent higher at 10,451.01 points. The ChiNext Index, which tracks China's NASDAQ-style enterprises, lost 0.2 percent to close at 1,950.01 points.

Combined turnover shrank to 435.1 billion yuan (about 63.1 billion U.S. dollars) Friday from 471 billion yuan the previous trading day.

On the country's two major bourses, more than 1,500 shares ended lower while 31 rose by the daily limit of 10 percent.

Index heavyweights in the oil and gas, construction work and power sectors retreated, with the average decline less than 1 percent. The home appliance sector saw an increase of more than 1 percent.

Guangdong New Grand Long Packing rose 10 percent to 55.96 yuan, while Zhejiang Jasan Holding Group dropped 10 percent to 27.87 yuan.

The market is still responding to a stronger U.S. dollar following the Federal Reserve hinting that it could raise interest rates as soon as this month, and there could be more volatility after the annual parliamentary session concludes, according to analysts.

Editor: Mengjie
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Chinese shares close mixed Friday

Source: Xinhua 2017-03-10 18:03:46
[Editor: huaxia]

BEIJING, March 10 (Xinhua) -- Chinese stocks closed mixed on Friday, with the benchmark Shanghai Composite Index down 0.12 percent, at 3,212.76 points.

The smaller Shenzhen index closed 0.29 percent higher at 10,451.01 points. The ChiNext Index, which tracks China's NASDAQ-style enterprises, lost 0.2 percent to close at 1,950.01 points.

Combined turnover shrank to 435.1 billion yuan (about 63.1 billion U.S. dollars) Friday from 471 billion yuan the previous trading day.

On the country's two major bourses, more than 1,500 shares ended lower while 31 rose by the daily limit of 10 percent.

Index heavyweights in the oil and gas, construction work and power sectors retreated, with the average decline less than 1 percent. The home appliance sector saw an increase of more than 1 percent.

Guangdong New Grand Long Packing rose 10 percent to 55.96 yuan, while Zhejiang Jasan Holding Group dropped 10 percent to 27.87 yuan.

The market is still responding to a stronger U.S. dollar following the Federal Reserve hinting that it could raise interest rates as soon as this month, and there could be more volatility after the annual parliamentary session concludes, according to analysts.

[Editor: huaxia]
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