China's Shanghai Composite Falls 1.26% Amid 0.41x Advance-Decline Ratio; Beijing Enlight Soars 15.39%
The China Shanghai Composite Index fell by 1.26% today, continuing a downward trend with a 1.37% decline over the past month. The market showed a stark imbalance, with 1,423 advancing stocks versus 3,513 declining ones, leading to an advance-decline ratio of 0.41x. Large-cap stocks struggled, highlighted by Beijing Enlight Media's 15.39% gain and Broadex Technologies' 11.24% loss. Mid-cap and small-cap stocks exhibited similar trends, with Shenyang Fortune Precision and Shenzhen Etmade achieving notable returns, while their counterparts faced significant declines, particularly among larger companies.
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