Shanghai Composite Falls 0.96% Amid 2324 Advancing Stocks; T&S Communications Soars 12.91%
The China Shanghai Composite Index fell by 0.96% today, continuing a downward trend with a 0.44% decline over the past week, despite a monthly gain of 3.85%. In the large-cap sector, T&S Communications Co., Ltd. led with a 12.91% return, while CSPC Innovation Pharmaceutical Co., Ltd. struggled with a 15.72% loss. Mid-cap and small-cap stocks showed contrasting performances, with Shenzhen Jpt Opto-Electronics Co. Ltd. and Shenzhen Zesum Technology Co., Ltd. both achieving 20% returns. Overall, the market's advance-decline ratio was 0.9x, but small-cap stocks outperformed with a ratio of 1.43x.
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