Shanghai Composite Falls 0.62% Amid Bearish Sentiment; Kunshan Kinglai Soars 14.03%
The China Shanghai Composite Index fell by 0.62% today, reflecting a broader market decline of 1.75% over the past week and 0.14% over the month. This downturn is highlighted by a negative advance-decline ratio of 1,533 advancing stocks to 3,352 declining stocks. While large-cap stocks like Kunshan Kinglai Hygienic Materials saw gains, others like Swancor Advanced Materials faced significant losses. Mid-cap and small-cap stocks exhibited similar trends, indicating ongoing market volatility as investors await upcoming earnings reports and economic data.
The China Shanghai Composite Index experienced a decline of 0.62% today, marking a 1.75% drop over the past five days and a 0.14% decrease over the last month. This downward trend reflects broader market challenges, as evidenced by the advance-decline ratios across various market capitalizations.In the large-cap segment, Kunshan Kinglai Hygienic Materials Co., Ltd. emerged as the top performer with a return of 14.03%, while Swancor Advanced Materials Co., Ltd. faced significant losses, declining by 14.94%. Mid-cap stocks saw Henan Liliang Diamond Co., Ltd. leading with a return of 14.97%, contrasted by Guangdong Suqun New Material Co., Ltd., which fell by 12.39%. Among small-cap stocks, SF Diamond Co., Ltd. gained 11.72%, while Pinming Technology Co., Ltd. suffered a notable decline of 15.7%.
Overall, the market's advance-decline ratio stands at 1,533 advancing stocks against 3,352 declining stocks, resulting in a ratio of 0.46. This trend is mirrored in large-cap stocks with a ratio of 0.45, mid-cap stocks at 0.42, and small-cap stocks showing a higher ratio of 0.54. The market continues to navigate through volatility as investors assess upcoming earnings reports and broader economic indicators.
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
