SHCI, SZCI Fall 0.3% ahead of Long Holidays
China's May trade surplus widened to US$49.98 billion monthly, falling short of market estimates for a surplus of US$55.7 billion. During the period, exports saw a yearly decline to 4.1%; imports recorded an annual decrease of 0.4%, far topping market estimates of falling 6.8%.
Ahead of Dragon Boat Festival, Shanghai and Shenzhen A shares were softened. Shanghai Composite Index hit the bottom at 2,908 and concluded the day at 2,927, down 0.3%. Shenzhen Component Index saw a two-day loss and hit the trough of 10,232. It closed at 10,316, down 0.3%. CSI 300 Index and ChiNext Index finished the day at 3,163/ 2,186, down 0.4%/ 0.5%. Turnover of Shanghai and Shenzhen bourses amounted to RMB177.3 billion and RMB368.5 billion respectively.
China's May trade surplus widened to US$49.98 billion monthly, falling short of market estimates for a surplus of US$55.7 billion. During the period, exports saw a yearly decline to 4.1%; imports recorded an annual decrease of 0.4%, far topping market estimates of falling 6.8%.
Ahead of Dragon Boat Festival, Shanghai and Shenzhen A shares were softened. Shanghai Composite Index hit the bottom at 2,908 and concluded the day at 2,927, down 0.3%. Shenzhen Component Index saw a two-day loss and hit the trough of 10,232. It closed at 10,316, down 0.3%. CSI 300 Index and ChiNext Index finished the day at 3,163/ 2,186, down 0.4%/ 0.5%. Turnover of Shanghai and Shenzhen bourses amounted to RMB177.3 billion and RMB368.5 billion respectively.
Comments
Post a Comment