Stock market news : Sinostar Cable Co surges 18.41% amidst volatile stock performances

Amid a volatile trading session, Sinostar Cable Co (300933) emerged as a top gainer, recording an 18.41% increase, closing at 8.36 CNY. The stock’s upward trajectory highlights strong investor confidence in the company despite overall market fluctuations.

Zhejiang Changshen (300718) also performed impressively, rising 14.57% to 33.49 CNY. The pharmaceutical and cable industries appear to be drawing significant attention from investors, marking a positive trend.

On the downside, Hunan Jiudian Pharma (300705) faced a sharp decline of 17.81%, closing at 18.60 CNY. Similarly, Hangzhou Huaxing (300025) dropped 18.79% to 11.50 CNY, marking one of the biggest losses in the session.

Netac Technology Co (300042) reported a modest increase of 6.12%, ending the day at 24.45 CNY. Air China Cargo Co Ltd (001391) showed a stable performance at 10.17 CNY, avoiding significant fluctuations.

Shanghai Anoky Group led Chinese stock gainers with a 19.96% increase, followed by Sinostar Cable Co and Jiangyin Electrical Appliance, showcasing upward momentum in diverse sectors.

Disclaimer:
Stock market investments are subject to market risks. This report is for informational purposes only and does not constitute financial advice or recommendations.