Property, Shipping, Banking, and Coal Sectors Surge in Afternoon Session

Deep News09-21 15:50

The four major indices closed higher on September 21, with the Shanghai Composite Index climbing 0.97%, the Shenzhen Component Index advancing 0.65%, the ChiNext Index gaining 0.8%, and the STAR Market Composite Index rising 0.45%.

In terms of sector performance, property, shipping, banking, and coal stocks collectively strengthened during the afternoon session. ADC and CRO concepts led the gains among thematic sectors throughout the day, while home appliances, gold, and highway stocks remained sluggish.

Turning to specific stocks, pharmaceutical shares posted notable gains, with multiple stocks including Huaren Pharmaceutical and Jinan Protein hitting their daily limit up. Power stocks mostly declined, with Diantou Hydropower and CSG Energy falling by more than 1.5%.

The combined trading volume on the Shanghai and Shenzhen exchanges reached 2.03 trillion yuan, down 45.6 billion yuan from the previous trading day. More than 4,500 stocks across the market advanced.

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