Chinese stock market sees modest rise, led by diverse sectoral performances
From Menafn: 2024-06-04 08:59:10
Chinese stocks showed resilience in Tuesday’s session, with the Shanghai Composite Index rising by 0.41% to 3,091.2 points and the Shenzhen Component Index up by 1.05% at 9,469.32 points. Total turnover was 745.71 billion yuan. Gains in automobile service and electricity sectors countered losses in education-related areas.
The ChiNext Index, tracking China’s growth enterprises, rose by 1.33% to 1,843.59 points, reflecting market diversity. Investor sentiment is influenced by economic indicators, regulations, and global trends. The performance of Chinese stocks underscores the complex interplay of these factors, shaping market movements and investor behavior.
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