Shanghai Composite Rises 1.19% as Canmax Technologies Soars 14.45% Amid Strong Advance-Decline Ratio
The China Shanghai Composite Index rose by 1.19% today, despite a 2.56% decline over the past month. Large-cap stocks showed strong performance, with Canmax Technologies leading at 14.45%, while Addsino lagged at -8.2%. In the mid-cap sector, YD Electronic Technology excelled with a 19.74% return, contrasting with Jiangsu Zhongchao's -10.05%. The small-cap segment saw Linktel Technologies achieve a 20.0% return, while Strait Innovation struggled at -12.54%. Overall, the market exhibited a favorable advance-decline ratio of 2.28x, particularly strong among large-cap stocks at 4.55x.
The China Shanghai Composite Index experienced a modest increase of 1.19% today, although it has seen a decline of 2.56% over the past month. In the large-cap segment, Canmax Technologies Co., Ltd. emerged as the top performer with a return of 14.45%, while Addsino Co., Ltd. lagged behind with a return of -8.2%. In the mid-cap category, YD Electronic Technology Co., Ltd. led the way with a notable return of 19.74%, contrasting with Jiangsu Zhongchao Holding Corp, which reported a decline of 10.05%. The small-cap sector saw Linktel Technologies Co., Ltd. shine with a return of 20.0%, while Strait Innovation Internet Co., Ltd. faced challenges with a return of -12.54%.
Overall, the market showed a strong advance-decline ratio, with 3,362 stocks advancing compared to 1,476 declining, resulting in a ratio of 2.28x. Large-cap stocks performed particularly well, with an advance-decline ratio of 4.55x, indicating robust market activity among larger companies.
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