Market summary : CSI 1000 Index drops 2.08% to 6,354.98 amid market sell-off

The CSI 1000 Index fell 2.08% to close at 6,354.98 on December 13, reflecting broad declines in the Chinese equity market. The index gained 23.04% in the last six months.

The CSI 1000 Index, which tracks small-cap stocks listed on the Shanghai Stock Exchange, dropped by 135.16 points or 2.08%, closing at 6,354.98 as of December 13 at 14:38 UTC+5.5. The downturn marked a volatile trading day, wiping out some recent gains.

Despite the daily decline, the index has seen significant recovery over the last six months, boasting a 23.04% increase. It is also up by 7.87% year-to-date and 5.23% over the past year. However, broader performance remains modest, with a five-year gain of 19.84% and an all-time growth of 3.86%.

Short-term trends suggest mixed sentiments, as the index recorded a slight 0.13% gain over the last five days but slipped 1.53% in the past month. Investors continue to monitor economic signals and regulatory developments influencing smaller-cap companies.

Disclaimer:

This article is for informational purposes only and does not constitute financial advice. Stock market investments involve risks, and past performance is not indicative of future results.