Shanghai Composite Falls 0.64% Amid 0.45 Advance-Decline Ratio; Fujian Cosunter Soars 12.94%
The China Shanghai Composite Index fell by 0.64% today and 1.02% over the past week, despite a 1.3% rise in the last month, indicating mixed market sentiment. Large-cap stocks showed volatility, with Fujian Cosunter Pharmaceutical Co. gaining 12.94%, while Shenzhen S.C New Energy Technology Corp. dropped 12.39%. Mid-cap and small-cap stocks also reflected this trend, with Omnijoi Media Corp. up 11.51% and Strait Innovation Internet Co. soaring 20%, contrasted by significant losses in other companies. Overall, the market's advance-decline ratio was low at 0.45x, highlighting a challenging environment for investors.
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