Shanghai Composite Gains 0.12% as Machinery Sector Sees Ten Stocks Hit Daily Limit

Deep News10-20 17:10

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On Tuesday, October 20, the three major A-share indices closed mixed, with the Shanghai Composite Index showing relative strength. According to data from Tonghuashun, as of the close, the Shanghai Composite Index rose 0.12% to 3735.37 points, while the Shenzhen Component Index and the ChiNext Index fell 0.14% and 0.26%, respectively. Total turnover across the A-share market reached 1.4715 trillion yuan.

Overall, 3,778 stocks advanced and 1,667 declined across the Shanghai, Shenzhen, and Beijing exchanges. Among them, 56 stocks hit the daily limit up, while 7 hit the daily limit down.

Stocks that rose for three consecutive days and closed at the daily limit on October 20. Data source: Tonghuashun. Chart by: Ren Shibi.

From the perspective of Shenwan Level 1 industries, as of the close, sectors including computer, machinery equipment, conglomerates, electronics, and pharmaceuticals and biotechnology all gained more than 1%. Non-bank financials, coal, non-ferrous metals, and banking led the declines.

Today, the machinery equipment sector saw a relatively large number of stocks hitting the daily limit, with the sector index rising 1.81% overall. Among them, 10 stocks hit the daily limit up. Saimo Intelligent surged 20% to the daily limit, while nine other stocks including Yongda shares, Ningbo Dongli, and Changling Hydraulic also closed at the daily limit.

Data source: Tonghuashun.

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