Shanghai Composite Rises 0.72% as Advance-Decline Ratio Hits 6.76x Amid Recovery
The China Shanghai Composite Index rose by 0.72%, indicating a slight recovery after a 6.4% decline over the past month. The index has shown a positive trend over the last five days, increasing by 0.47%. Large-cap stocks like COL Group Co., Ltd. performed well with a 20.01% gain, while Shanxi Xinghuacun Fen Wine Factory Co., Ltd. declined by 6.41%. Mid-cap and small-cap stocks also exhibited strong performance, with notable advances in Fujian Foxit Software and Guangdong High Dream. The overall market sentiment was positive, reflected in a strong advance-decline ratio of 6.76x.
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