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China Market extends gains on private manufaturing PMI data

The Mainland China share market finished higher for second consecutive session on Tuesday, 01 June 2021, after a private report showed Chinese manufacturing expanded in May. The Caixin China PMI Manufacturing Index rose to 52 in May from 51.9 for the previous month, signifying the nation s industrial companies were in expansion mode. The report, which surveys smaller enterprises, contrasted with a slight drop in activity in an official manufacturing gauge published by the National Bureau of Statistics a day earlier. At closing bell, the benchmark Shanghai Composite Index advanced 0.26%, or 9.24 points, to 3,624.71. The Shenzhen Composite Index, which tracks stocks on China s second exchange, added 0.41%, or 9.82 points, to 2,429.57. The blue-chip CSI300 index added 0.2%, or 10.11 points, to 5,341.68.

China Market ends higher

Read more about China Market ends higher on Business Standard. At closing bell, the benchmark Shanghai Composite Index advanced 0.41%, or 14.69 points, to 3,615.48. The Shenzhen Composite Index, which tracks stocks on China s second exchange, added 1.1%, or 26.27 points, to 2,419.76. The blue-chip CSI300 index

China Market end lower

China Market end lower
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