1st LD-Writethru: Chinese shares close higher Tuesday

0 Comment(s)Print E-mail Xinhua, March 12, 2019
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BEIJING, March 12 (Xinhua) - Chinese stocks registered a nearly across-the-board rally Tuesday with husbandry and media sectors leading the gains.

The benchmark Shanghai Composite Index rose 1.1 percent to close at 3,060.31 and the Shenzhen Component Index were up 1.41 percent to stand at 9,841.24.

Combined trading volume of the two indexes came in at 1.14 trillion yuan (around 169 billion U.S. dollars), returning to a 1-trillion level again after Monday's plunge to 944.46 billion yuan.

Most stocks climbed, with gainers outnumbering losers by 1,121 to 280 on the Shanghai bourse and 1,651 to 424 on the Shenzhen bourse.

The husbandry sector remained one of the biggest winners. Shandong Minhe Animal Husbandry Co., Ltd. and Henan Huaying Agricultural Development Co., Ltd. both surged by the daily 10-percent limit to 39.47 yuan and 9.58 yuan respectively.

Media stocks posted significant gains as well, with Xinhua Net Co., Ltd. and People.cn Co., Ltd. climbed by the daily limit of 10 percent to 24.41 yuan and 31.45 yuan.

The catering sector was the only loser among other industries with the sub-index for the board down 0.11 percent. Shares of the Guangzhou Restaurant Group Co., Ltd. edged down 1.78 percent to 30.37 yuan per share.

The ChiNext Index, the country's NASDAQ-style board of growth enterprises, gained 2.64 percent to close at 1,773.43 Tuesday. Enditem

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