China’s stock market closed lower on Thursday, as rises in defense and light manufacturing stocks were offset by declines in coal, and food and beverage shares.
At the close, the Shanghai Composite Index lost 0.13%, at 3,112.35 points, while the Shenzhen Component Index went 0.26% down to 10,788.97 points.
The ChiNext Index, which tracks China’s NASDAQ-style board for growth enterprises, fell 0.09% to 2,181.48 points.
Total traded amounts of the Shanghai and Shenzhen bourses decreased to 182.2 billion yuan and 271.7 billion yuan, respectively.
Most sectors lost in both markets, with shares in coal, and food and beverage industries among the biggest losers.
At the end of trading, 1,250 counters rose, 1,380 shares declined, and the remaining 323 shares closed flat.
Shanghai – Hong Kong Stock Connect
The Shanghai – Hong Kong Stock Connect today saw a net fund outflow of 540 million yuan, for northbound trade.
Among the total 569 stocks eligible for the northbound trade, 207 counters rose, 316 shares declined, and the balance 46 remained unchanged.
Keda Clean Energy Co., Ltd. surged by its 10% daily maximum limit.