China’s stock market closed mixed on Thursday despite customs data released earlier today showing that the county’s dollar-denominated exports in September fell 10% compared with the same period of last year, while imports fell 1.9% from a year earlier, resulting in a trade surplus of $41.99 billion for the month, compared with $52.05 billion in August.
At the close, the Shanghai Composite Index rose 0.09%, at 3,061.35 points, while the Shenzhen Component Index went 0.01% lower to 10,787.49 points.
The ChiNext Index, which tracks China’s NASDAQ-style board for growth enterprises, lost 0.05% to 2,208.57 points.
Total traded amounts of the Shanghai and Shenzhen bourses increased to 166.3 billion yuan and 265.9 billion yuan, respectively.
Most sectors gained in both markets, with shares in construction and machinery industries among the biggest winners.
At the end of trading, 1,217 counters rose, 1,383 shares declined, and the remaining 340 shares closed flat.
Shanghai – Hong Kong Stock Connect
The Shanghai – Hong Kong Stock Connect today saw a net fund outflow of 465 million yuan, for northbound trade.
Among the total 569 stocks eligible for the northbound trade, 241 counters rose, 253 shares declined, and the balance 75 remained unchanged.
Five stocks including Cinda Real Estate Co.,Ltd., China First Heavy Industries, and First Tractor Company Limited surged by their 10% daily maximum limit.