stock exchanges: The Chi Next Index, which tracks China NASDAQ-style enterprises, lost 0.7 percent to close at 2,130.30 points, according to Xinhua China. Total turnover on the two stock exchanges shrank to 511.4 billion yuan from 566.4 billion yuan the previous trading day. The benchmark Shanghai Composite Index rose 0.26 percent to close at 3,133.33 points, while the smaller Shenzhen index closed 0.07 percent lower at 10,695.18 points. Companies in coal and non-ferrous metal sectors led the rally, with Shaanxi Heimao Coking up by the daily limit of 10 percent to 9.12 yuan and Yunnan Copper also up by 10 percent to 11.76 yuan. The market has been fluctuating since October as investor expectation has mixed with signs of a stabilizing economy and a weakening Chinese currency. Bucking the bullish trend, Northern United Publishing & Media dropped by the daily limit of 10 percent to 14.56 yuan.
(news.financializer.com). As
reported in the news.
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