US-listed Chinese firms trade mostly lower

0 Comment(s)Print E-mail Xinhua, October 20, 2018
Adjust font size:

U.S.-listed Chinese companies traded mostly lower on Friday with six of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note.

Shares of Yum China Holdings and SINA Corporation slid 3.04 percent and 1.42 percent, respectively, leading the laggards in the top 10 stocks of the index.

Shares of TAL Education Group and Alibaba Group rose 2.49 percent and 0.64 percent, leading the gainers in the top 10 stocks of the index.

U.S. stocks ended mixed on Friday as investors digested a batch of corporate earnings and economic data.

The Dow Jones Industrial Average rose 64.89 points, or 0.26 percent, to 25,444.34. The S&P 500 fell 1.00 points, or 0.04 percent, to 2,767.78. The Nasdaq Composite Index decreased 36.11 points, or 0.48 percent, to 7,449.03.

The Cboe Volatility index, widely considered the best fear gauge in the stock market, decreased 0.85 percent to 19.89 on Friday.

As of Thursday, the S&P U.S. Listed China 50 index stood at 2,426.31, marking a 12.77-percent decrease for the month-to-date returns and a 21.50-percent loss for the year-to-date returns. 

Follow on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from