Shanghai Equities End Higher, Lifted by Insurers and Banks
Liao Shumin
DATE:  Nov 26 2020
/ SOURCE:  Yicai
Shanghai Equities End Higher, Lifted by Insurers and Banks Shanghai Equities End Higher, Lifted by Insurers and Banks

(Yicai Global) Nov. 26 -- Shares traded in Shanghai closed marginally up, buoyed by insurance and banking stocks, as other Chinese mainland markets lost ground.

The Shanghai Composite Index ended 0.2 percent higher today at 3,369.73, while the Shenzhen Component Index fell 0.4 percent to 13,599.99. The ChiNext Price Index, which tracks growth enterprises in Shenzhen, lost 0.2 percent to 2,609.39.

Shares of insurance companies and banks rose an average 2.1 percent and 1.2 percent, respectively. Power and heat suppliers also extended opening gains to finish 1.8 percent higher.

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Keywords:   Chinese Stock Market