US-listed Chinese firms trade higher


New York, Sep 12 (IANS): US-listed Chinese companies traded higher with all of the top 10 stocks by weight in the S&P US Listed China 50 index ending the day with gains.

Shares of Ctrip.com International and 58.com rose 5.71 per cent and 5.08 per cent respectively, leading the gainers in the top 10 stocks of the index on Wednesday, Xinhua news agency reported.

US stocks closed higher on Wednesday, as investors digested a batch of latest data, and strong shares of Apple contributed to daily market gains.

The Dow Jones Industrial Average increased 227.61 points, or 0.85 per cent, to 27,137.04. The S&P 500 rose 21.54 points, or 0.72 per cent, to 3,000.93. The Nasdaq Composite Index rallied 85.52 points, or 1.06 per cent, to 8,169.68.

The Cboe Volatility index, widely considered the best fear gauge in the stock market, decreased 3.88 per cent to 14.61 on Wednesday.

As of Tuesday, the S&P US Listed China 50 index stood at 2,865.28, marking a 1.33 per cent increase for the month-to-date returns and a 25.05 per cent gain for the year-to-date returns.

Top Stories


Leave a Comment

Title : US-listed Chinese firms trade higher


 
 
 
 

 
You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.


Security Validation

Enter the characters in the image