Shanghai Composite Rises 0.22% as DPtech Soars 14.86% Amid Positive Market Sentiment
The China Shanghai Composite Index rose by 0.22%, marking a continued upward trend with gains of 2.15% over the past week and 2.63% over the last month. This positive market sentiment is reflected in the advance-decline ratio, which showed 2,821 stocks advancing against 2,060 declining. Notable performers included Hangzhou DPtech Technologies with a 14.86% increase, while Qianhe Condiment faced a 22.64% decline. Small-cap stocks led the market with a ratio of 1.45, indicating robust investor confidence despite some underperformers.
The China Shanghai Composite Index experienced a modest increase of 0.22% today, continuing its upward trend with a notable rise of 2.15% over the past five days and 2.63% over the last thirty days. This positive momentum reflects a broader market sentiment, as the overall advance-decline ratio indicates that 2,821 stocks advanced compared to 2,060 that declined, resulting in a ratio of 1.37.In the large-cap segment, Hangzhou DPtech Technologies Co., Ltd. emerged as the top performer with a return of 14.86%, while Qianhe Condiment & Food Co., Ltd. faced challenges, recording a decline of 22.64%. Mid-cap stocks saw GuoChuang Software Co., Ltd. leading with a return of 20.01%, contrasted by Tangshan SunFar Silicon Industries Co., Ltd., which fell by 10.0%. Among small caps, Shenzhen Institute of Building Research Co., Ltd. excelled with a return of 20.02%, while Hubei DOTI Micro Technology Co., Ltd. struggled, posting a decline of 12.94%.
The advance-decline ratios across market segments were also positive, with small caps showing the strongest performance at 1.45. This overall market activity suggests a resilient sentiment among investors, despite some notable underperformers.
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
