China Shanghai Composite Rises 0.09% as BlueFocus Soars 20% Amid Mixed Market Trends
The China Shanghai Composite Index rose by 0.09%, continuing a positive trend with a 2.06% increase over the past month. However, market performance varied significantly across different capitalizations. Large-cap stocks showed mixed results, with BlueFocus Intelligent Communications gaining 20% while Sai Microelectronics fell nearly 10%. Mid-cap and small-cap sectors mirrored this volatility, with notable gains from Hubei Jiuzhiyang and Beijing CTJ Information Technology, both up 20%, contrasted by declines in other stocks. Overall, the advance-decline ratio indicated more stocks declined than advanced, particularly in the large and mid-cap segments.
The China Shanghai Composite Index experienced a modest increase of 0.09% today, continuing its upward trend with a 0.13% rise over the past five days and a notable 2.06% gain over the last month. Despite this overall positive movement, the market showed a mixed performance among various capitalizations.In the large-cap segment, BlueFocus Intelligent Communications Group Co. Ltd. emerged as the top performer, achieving a remarkable return of 20.0%. Conversely, Sai Microelectronics, Inc. struggled, posting a decline of 9.96%. The mid-cap sector mirrored this trend, with Hubei Jiuzhiyang Infrared System Co., Ltd. also gaining 20.0%, while Miracll Chemicals Co., Ltd. fell by 8.92%.
Small-cap stocks saw similar fluctuations, with Beijing CTJ Information Technology Co., Ltd. leading with a 20.0% return, while Luyan Pharma Co., Ltd. faced a decline of 9.99%.
Overall, the advance-decline ratio across the market indicated that 2,290 stocks advanced compared to 2,534 that declined, reflecting a ratio of 0.9x. In the large-cap category, 523 stocks advanced against 744 that declined, resulting in a 0.7x ratio. Mid-cap stocks had 528 advancing versus 607 declining, while small-cap stocks showed a slight edge with 929 advancing against 903 declining, yielding a ratio of 1.03x.
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
