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Chinese shares end higher Thursday

Xinhua | Updated: 2020-01-09 17:20
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An individual investor monitors stock prices on his phone at a stock brokerage in Shanghai. [Photo by Lyu Liang/For China Daily]

BEIJING - Major Chinese stock indices ended higher Thursday, with the benchmark Shanghai Composite Index up 0.91 percent at 3,094.88 points.

The Shenzhen Component Index closed 1.79 percent higher at 10,898.17 points.

The combined turnover of stocks covered by the two indices stood at 706.62 billion yuan ($101.68 billion), shrinking from 779.4 billion yuan the previous trading day.

Gainers outnumbered losers by 1,256 to 192 on the Shanghai bourse and 1,891 to 251 in Shenzhen.

Sectors of domestic software and cybersecurity notched solid gains, with shares of Beijing Tongtech Co Ltd surging by the daily limit of 10 percent to 52.25 yuan apiece.

Companies in gold and military industries led the losses.

The ChiNext Index, China's NASDAQ-style board of growth enterprises, gained 2.71 percent to close at 1,913.14 points.

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