China’s Stock Markets Close Up on Rising Consumer Stocks
Liao Shumin
DATE:  Oct 28 2020
/ SOURCE:  Yicai
China’s Stock Markets Close Up on Rising Consumer Stocks China’s Stock Markets Close Up on Rising Consumer Stocks

(Yicai Global) Oct. 28 -- China’s benchmark stock indexes ended higher today led by gains in the shares of liquor and beverage makers.

The liquor and beverage sector jumped 3.19 percent. The building materials sector also did well, advancing 2.32 percent. Automakers climbed 1.54 percent on average.

The Shanghai Composite Index finished the day up 0.46 percent at 3,269.24, while its Star 50 Index, which tracks technology growth stocks on the Shanghai Stock Exchange’s Nasdaq-style Star board, climbed 1.47 percent to 1,406.07.

The Shenzhen Component Index edged up 0.89 percent to 13,388.10. The ChiNext Price Index, which tracks growth enterprises in Shenzhen, rose slightly by 0.74 percent to 2,670.48.

Editor: Kim Taylor

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Keywords:   Chinese Stock Market,Shanghai Composite Index,Shenzhen Component Index