Market Overview

China Markets Rise; Shanghai Composite Index Up Over 1%


Chinese stocks were trading higher on Thursday. Republican Presidential candidate Donald Trump won the 2016 Presidential election against Hillary Clinton. The Shanghai Composite Index gained 35.75 points, or 1.14 percent to 3,164.12.

The Chinese yuan declined to 6.7918 versus the U.S. dollar, compared to 6.7769 on Wednesday.

U.S. stocks closed higher overnight. The Dow Jones Industrial Average surged 1.40 percent, to 18,589.69, the S&P500 index gained 1.11 percent to 2,163.26, and the Nasdaq Composite climbed 1.11 percent to 5,251.07.

Oil prices traded lower on Thursday, with the US WTI crude futures on the NYMEX declining 0.24 percent to trade at $45.16 a barrel.

Top market movers among the Shanghai Composite index are as follows:

  • China Railway Group Ltd (601390: SHH) shares gained 2.6 percent to 8.83 CNY.
  • CITIC Securities Co Ltd (600030: SHH) rose 2.1 percent to 17.01 CNY.
  • CRRC Corp Ltd (601766: SHH) shares rose 1.8 percent to 9.48 CNY.
  • SAIC Motor Corp Ltd (600104: SHH) gained 1.7 percent to 23.85 CNY.
  • China National Nuclear Power Co Ltd (601985: SHH) rose 1.6 percent to 6.85 CNY.

Posted-In: Chinese stocks Shanghai Composite IndexNews Global Markets Movers


Related Articles

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at