Oct 15, 2021 (China Knowledge) - Shanghai Composite Index closed at 3,572.37, up 0.40%, Shenzhen Component Index finished at 14,415.99, up 0.52%, the Hang Seng Index closed at 25,330.96, up 1.48%. The trading volume for three exchanges recorded USD 175.5 bln, up 32.51% from the previous trading day.
Mining was today's top performing sector, seeing the highest rise of 2.89%, follows by Electrical Equipment and Electronics, gaining 2.38% and 1.24%, respectively. Textile & Apparel sector saw the biggest drop of 1.72%, followed by transportation (-1.59%) and light industry (-1.51%).
Of the 4,499 stocks on Mainland China, there were 1,294 (29%) gainers, 3,107 (69%) losers, and 89 (2%) remained unchanged. There are 2 new IPOs launched today.
A total of 46 stocks hit the max limit up while 39 touched the fall limit. The CSRC set maximum 10% rise and 10% fall of a stock in a single day for all A-shares except those on the STAR Market and ChiNext board which are allowed a 20% rise or fall in a single day. These prevent stocks from being traded for the rest of the day once hitting the rise or fall limit to curb extreme volatilities in either direction.
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