Market summary : Shanghai’s SSE Composite Index drops 1.33%, closing at 3,168.52

The SSE Composite Index witnessed a decline of 1.33% on January 10, closing at 3,168.5238 CNY. The market’s performance reflects a downward trend across several timeframes, highlighting concerns among investors.

On Wednesday, the Shanghai Stock Exchange’s key index, the SSE Composite, fell by 42.8695 points, ending the day at 3,168.5238. The trading day concluded at 13:37 UTC+5.5.

This sharp decline marked a 1.33% drop for the day. Over the past five trading sessions, the index has dipped 1.29%. On a broader scale, the one-month performance reveals a more significant slump of 7.25%.

However, the index retains its long-term growth trajectory. In the last six months, it has gained 6.84%, and over the past year, it has posted a notable 10.26% increase. Despite year-to-date figures showing a 5.36% loss, the five-year growth stands at 2.13%. Since its inception, the index has shown an impressive overall rise of approximately 3,200%.

Disclaimer:
The above story is for informational purposes only. Stock market investments are subject to market risks; please consult a financial expert before making any decisions.