Market summary : SSE Composite Index gains 0.93% to close at 3,326.4557 CNY

The SSE Composite Index rose by 0.93% on Wednesday, closing at 3,326.4557 CNY, driven by steady growth momentum and increased trading activity.

The Shanghai Stock Exchange (SSE) Composite Index closed higher on Wednesday, gaining 30.7574 points, or 0.93%, to settle at 3,326.4557 CNY. The trading volume reached 58.02 billion CNY, reflecting sustained investor interest. The day’s range spanned between 3,293.6899 and 3,357.5013 CNY, with the index opening slightly lower at 3,295.2096 CNY before rebounding.

Over the past month, the index has risen by 1.61%, while its six-month performance shows an impressive 7.49% growth. Year-to-date, the index has gained 11.90%, signaling positive market sentiment throughout 2024. The one-year performance stands at a robust 10.11%, while the five-year growth reaches 14.61%.

Wednesday’s rise highlights consistent investor confidence amid steady market conditions, with broader economic trends and corporate earnings likely contributing to the positive momentum.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Readers are advised to conduct their own research or consult financial experts before making investment decisions.