Off the wire
• Spotlight: Cameron defends UK-EU draft deal amid mixed response  • RSV, flu A remain most prevalent fatal viruses in Hong Kong: study  • Clashes in Qabatiya as Israeli forces raid West Bank town  • China, Cambodia agree to support each other on "core interests"  • PetroChina promises more natural gas from Tarim Oilfield  • Spotlight: UN envoy declares Syria peace talks put on hold  • Roundup: S.Korea to intercept debris of DPRK rocket if falls in territory  • Top al-Qaida leader killed in U.S. drone strike in Yemen  • Weakening greenback sees Aussie surge 2.5 percent  • Foreign car sales in S.Korea fall 33.4 pct in January  
You are here: 　 Home

1st LD-Writethru: Chinese shares regain Thursday

Xinhua, February 4, 2016 Adjust font size:

Chinese shares staged a rally on Thursday, with turnover swelling.

The benchmark Shanghai Composite Index surged 1.53 percent to 2,781.02 points while the smaller Shenzhen index gained 1.6 percent to close at 9,793.07 points.

The ChiNext Index, which tracks China's NASDAQ-style board of growth enterprises, climbed 1.73 percent to close at 2,126.64 points.

The ChiNext Index maintained Wednesday's momentum and saw the most remarkable gain among all indexes.

Total turnover on the two bourses increased, standing at 441.94 billion yuan (67.56 billion U.S. dollars), up from 375.94 billion yuan in the previous trading day.

Over 100 stocks rose by the daily limit of 10 percent, while only 90 stocks declined during the day's trading.

Gains were spread across all sectors, with the sub-indexes related to textiles, non-ferrous metals and plastic leading the charge.

Financial heavyweights shook off Wednesday's heavy losses and regained on Thursday, though this remains one of the worst sectors compared with the more remarkable performance exhibited by other industries.

CITIC Securities, China's largest brokerage, surged 1.11 percent and closed at 14.63 yuan, while China Construction Bank gained 0.64 percent to close at 4.71 yuan.

Market sentiment improved on Thursday morning as the benchmark Shanghai Composite Index remained beyond the 2,700-point mark for two consecutive trading days. Both the Shanghai and Shenzhen indexes remained firmly in positive territory during the whole day's trading after opening high. Endi