Tuesday, 4 September 2018 14:51 WIB |
MARKET UPDATE |SahamChina Indeks CSI
Chinese shares snapped a five-day losing streak on Tuesday, as investors hunted for bargains in beaten-down real estate and banking stocks, but the threat of U.S. tariffs on $200 billion worth of imported Chinese goods still clouded the market.
The Shanghai Composite index closed up 29.84 points, or 1.1 percent, at 2,720.73, ending a five-day losing streak.
The blue-chip CSI300 index ended 1.27 percent higher, with its financial sector sub-index closed 1.58 percent firmer, the consumer staples sector closed up 1.22 percent, the real estate index ended up 1.83 percent and healthcare sub-index closed 0.51 percent higher.
The smaller Shenzhen index ended up 1.16 percent and the start-up board ChiNext Composite index closed higher 0.82 percent.
Source : Reuters