SHANGHAI :
China's Stock Markets Surge In Early Trading; Shanghai Composite Index Hits New High
Liao Shumin
DATE:  Sep 01 2017
/ SOURCE:  Yicai
China's Stock Markets Surge In Early Trading; Shanghai Composite Index Hits New High China's Stock Markets Surge In Early Trading; Shanghai Composite Index Hits New High

(Yicai Global) Sept. 1 -- The major indices of China's mainboard stock markets closed Friday's morning session higher. The Shanghai Composite index hit 3380.39 points, a new high since January 2016, during the session, but closed the early trading at 3,379.94 points, up 0.57 percent.

The Shenzhen Component Index rose 0.41 percent to 10,861.46 points, almost matching Monday's record high.

The Growth Enterprise Index was down 0.04 percent to 1848.67 points, slightly lower than the opening 1850.02 points.

The rise in the index was driven by the stocks of coal mining and steel manufacturing, which increased 6.32 percent and 6.16 percent, respectively. The stocks related to Fujian Free Zone and airlines stocks fell 0.99 percent and 0.88 percent, respectively.

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Keywords:   Stock Market,Shanghai Composite Index,Shenzhen Component,Growth Enterprise