China’s major stock indices showed a mixed performance on Monday, reflecting varied investor sentiment. The SSE Composite Index climbed by 0.52% to close at 3,269.6007 CNY, signaling an upward trajectory in Shanghai-based stocks. Meanwhile, the Shenzhen Component Index edged up by a modest 0.05%, settling at 10,297.4488 CNY, hinting at cautious optimism in the broader market.
However, the SZSE Composite Index inched lower, dropping 0.06% to close at 1,935.2686 CNY, indicating some pressure on smaller-cap stocks. Similarly, the CSI 1000 Index, which tracks smaller firms, declined by 0.19%, finishing at 5,926.9423 CNY. This suggests subdued performance in small-cap sectors despite broader gains in Shanghai.
The overall market sentiment remains divided as investors weigh global uncertainties and domestic economic indicators. The uptick in key indices like the SSE Composite reflects confidence in blue-chip stocks, while the decline in the SZSE Composite and CSI 1000 highlights persisting challenges in smaller markets.
Disclaimer:
This article is for informational purposes only and does not constitute financial advice. Please consult a financial professional before making any investment decisions.