Beijing: Chinese stocks closed higher on Monday, with the benchmark Shanghai Composite Index rising by 0.66 percent to reach 3,583.31 points. The Shenzhen Component Index also saw an increase, closing 0.46 percent higher at 11,041.56 points.
According to Namibia Press Agency, the combined turnover of the Shanghai Composite Index and the Shenzhen Component Index amounted to approximately 1.5 trillion yuan, equivalent to around 210.17 billion U.S. dollars. This turnover represented a decrease from the previous trading day's figure of 1.6 trillion yuan. Notably, sectors such as military equipment and gold led the gains, whereas stocks related to photovoltaic equipment experienced significant losses.
Additionally, the ChiNext Index, which tracks China's Nasdaq-style board of growth enterprises, recorded a gain of 0.5 percent, closing at 2,334.32 points on Monday. The performance of these indices reflects the dynamic shifts in the Chinese stock market, with specific sectors influencing the overall trends observed at the start of the week.