1st LD-Writethru: Chinese shares close higher Thursday

Source: Xinhua| 2020-10-29 16:53:27|Editor: huaxia

BEIJING, Oct. 29 (Xinhua) -- Chinese stocks closed higher on Thursday, with the benchmark Shanghai Composite Index up 0.11 percent to end at 3,272.73 points.

The Shenzhen Component Index closed 0.98 percent higher at 13,519.66 points.

The combined turnover of stocks covered by the two indices stood at 780.27 billion yuan (about 116.46 billion U.S. dollars), expanding from 733.16 billion yuan the previous trading day.

Losers outnumbered gainers 866 to 525 on the Shanghai bourse and 1,355 to 873 in Shenzhen.

Shares of companies in the automobile manufacturing, liquor, and medical equipment sectors led the gains, with Dongfeng Automobile Co., Ltd. hiking 4.15 percent to 5.77 yuan per share.

Meanwhile, shares of companies related to military defense and charging piles tumbled.

The ChiNext Index, China's NASDAQ-style board of fast-growing enterprises, gained 1.1 percent to close at 2,699.92 points on Thursday. Enditem