The Mainland China share market spurted on Tuesday, 25 May 2021, amid reports of vaccination progress drive, with shares in financials being notable gains after Shanghai announced plans to establish itself as an asset management hub.
At closing bell, the benchmark Shanghai Composite Index surged 2.4%, or 84.06 points, to 3,581.34. The Shenzhen Composite Index, which tracks stocks on China s second exchange, spurted 1.91%, or 44.68 points, to 2,381.93. The blue-chip CSI300 index climbed up 3.16%, or 162.89 points, to 5,318.48.
Top performing sectors in the Shanghai Stock Exchange were Travel Agencies (up 5.86%), Financial Exchanges & Data (up 5.34%), White Liquor (up 4.93%), Investment Banking & Brokerage (up 4.88%), and Aerospace & Defense (4.82%), while worst performing sectors were Real Estate Management & Services (down 4.64%), Health Care Distributors (down 3.96%), Forest Products (down 2.78%), Garden Engineering (1.82%), and Heating or Other Utilities (down 1.75%).
South African Pharmaceutical Industry Analysis with Profiles of 122 Local and International Companies Including Sanofi, Aspen and Adcock Ingram
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The pharmaceutical sector is dominated by multinational pharmaceutical companies. Although a greater variety of products is available in the private sector, the public health sector consumes the largest volume of pharmaceuticals. Vaccines and ARVs for HIV infection account for more than 50% of total public health sector expenditure on pharmaceuticals. While almost 70% of the pharmaceutical products that are used are locally-produced, various active pharmaceutical ingredients and finished products are imported. The sector is highly regulated and the development, production, marketing and sale of pharmaceuticals are strictly controlled.