China’s Main Stock Indexes End Day in Positive Territory on Financial Sector Rally
Tang Shihua
DATE:  Sep 08 2020
/ SOURCE:  Yicai
China’s Main Stock Indexes End Day in Positive Territory on Financial Sector Rally China’s Main Stock Indexes End Day in Positive Territory on Financial Sector Rally

(Yicai Global) Sept. 8 -- China's main Shanghai and Shenzhen stock indexes scraped into the black on the close of markets today as a last-minute rally of financial stocks waved off earlier investor blues.

The large-cap heavy Shanghai Composite Index closed up 0.72 percent at 3,316.42, while the Shenzhen Component Index managed to end the day above water, up 0.07 percent at 13,293.33 after hovering around zero for much of the day.

Tech stocks did not fare so well. The ChiNext Price Index, which tracks growth enterprises in Shenzhen, dipped 0.36 percent to 2,650.63. The Star 50 Index, which follows tech stocks on Shanghai’s Nasdaq-style Star Market, closed down 0.89 percent at 1,344.61, after dropping to a three-month low earlier in the afternoon.

Editor: Kim Taylor

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Keywords:   Stock Market,Market Close