Asian markets : SSE Composite Index Drops 0.52%, CSI 1000 Index Falls 1.54% Amid Broad Declines

Chinese markets closed lower as the SSE Composite Index dropped 0.52% to 3,242.8861 CNY, while the CSI 1000 Index led losses with a 1.54% fall to 5,889.7415 CNY.

China’s major stock indices ended the day in negative territory, reflecting a bearish sentiment across the market. The SSE Composite Index fell by 0.52%, closing at 3,242.8861 CNY, signaling cautious investor behavior amid economic uncertainties.

The Shenzhen Component Index also recorded a decline, shedding 0.44% to end at 10,287.6160 CNY. Smaller companies faced sharper sell-offs, as evidenced by the SZSE Composite Index, which dropped 1.19%, finishing at 1,932.7860 CNY.

Notably, the CSI 1000 Index, which tracks smaller-cap stocks, registered the steepest fall among major indices, plunging by 1.54% to close at 5,889.7415 CNY. This reflects a pronounced risk-off sentiment in smaller-cap equities.

Disclaimer:
The information provided is for informational purposes only and should not be considered investment advice. Always consult a qualified financial advisor before making investment decisions.