Tuesday, 2 January 2018 14:39 WIB |
MARKET UPDATE |The Shanghai Composite IndexSaham Cina Shanghai composite
China stocks started 2018 on a bullish note following a survey showing better-than-expected manufacturing activity in December.
A private business survey showed growth in China's manufacturing sector unexpectedly rose to to a four-month high in December thanks to a surge in new orders.
The Shanghai Composite index closed up 41.88 points or 1.27 percent at 3,349.05.
The blue-chip CSI300 index was up 1.41 percent, with its financial sector sub-index higher by 2.05 percent, the consumer staples sector up 0.51 percent, the real estate index up 3.79 percent and healthcare sub-index up 0.03 percent.
The smaller Shenzhen index ended 1.05 percent up and the start-up board ChiNext Composite index was higher by 0.97 percent.
The largest percentage gainers in the main Shanghai Composite index were Fujian Cement Inc up 10.04 percent, followed by Shandong Lubei Chemical Co Ltd gaining 10.03 percent and China Jushi Co Ltd up by 10.01 percent.
The largest percentage losers were BOCO Inter-Telecom Co Ltd down 5.03 percent, followed by Jiangsu Protruly Vision Technology Group Co Ltd down 4.96 percent and HUAYU Automotive Systems Co Ltd down by 4.65 percent.