Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
A-Share Three Major Indices Slip 0.2% to 1.1%; Oil Stocks Firm
Recommend 4 Positive 3 Negative 5 |
||||
|
||||
|
Amid continued tensions between the US and Iran, the RMB central parity against the USD was set at 6.8150, lowered by 20 pips MoM. The People's Bank of China conducted RMB188.5 billion of seven-day reverse repo operations today (11th) at an unchanged rate of 1.4%. With no reverse repos maturing, the single-day net injection totaled RMB188.5 billion. The three major A-share indices opened 0.3% to 0.4% lower and remained volatile and weak, closing down 0.2% to 1.1% for the day. The Shanghai Composite Index closed at 3,987 points, down 6 points or 0.16%, with turnover of RMB1.19 trillion. The Shenzhen Component Index fell 102 points or 0.68% to close at 14,851 points, with turnover of RMB1.37 trillion. The ChiNext Index declined 43 points or 1.13% to close at 3,811 points, with turnover of RMB649.929 billion. Among financials, ICBC (601398.SH) fell 0.4%, while CCB (601939.SH) rose 1.1%. In insurance, CHINA LIFE (601628.SH) dropped 0.9% and CHINA PACIFIC INSURANCE (601601.SH) slid 1.4%. In addition, BYD Company (002594.SZ) edged down 0.6%. CONTEMPORARY AMPEREX (300750.SZ) fell 1.6% after its application to revoke the land pre-examination and site selection opinion for the Jianxiawo lithium mine was approved. In the semiconductor sector, SMIC (688981.SH) rose 1.6%, while HUA HONG GRACE (688347.SH) dipped 0.2%. AI chip maker CAMBRICON (688256.SH) fell 0.9%. Domestic GPU players METAX (688802.SH) and MOORE THREADS (688795.SH) gained 2.6% and 2.7%, respectively. LQKJ (688008.SH) declined 1%. Optical fiber maker YANGTZE OPTICAL FIBRE (601869.SH) dropped 2.3%. Memory chip firm GIGADEVICE (603986.SH) rose 0.6%. International oil prices strengthened, with COSL (601808.SH) and PETROCHINA (601857.SH) both climbing 1.3%. ZHONGJI INNOLIGHT (300308.SZ) was added to the US Department of Defense's Section 1260H list. The company stated that the designation and its basis do not align with objective facts. Its shares fell 2%. (jl/u) Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
AASTOCKS Financial News |
||||
Copied to Clipboard
 |
||||
