The Shanghai Stock Exchange (SSE) Composite Index commenced trading on December 24, 2024, at 3,369.7041 CNYD, marking a rise of 18.4470 points or 0.55% as of 07:46 AM UTC+5:30.
Over the past day, the SSE Composite gained 0.54%, signalling a rebound from recent stagnation. However, the five-day performance shows a slight dip of 0.05%, while the monthly growth stands at a marginal 0.04%.
Despite these near-term fluctuations, the index has demonstrated robust long-term performance, climbing 13.73% over the past six months and recording a year-to-date increase of 13.34%. Additionally, the one-year gain of 15.79% underscores the resilience of China’s stock market in 2024, bolstered by government policy support and steady corporate earnings growth.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Please consult with a financial advisor for any investment decisions.