China’s Stock Markets Close Down Despite Military Equipment Makers' Gains(Yicai Global) Sept. 21 -- China's benchmark stock indexes closed lower today, despite last Friday's surge, as a cautious mood took hold. Equipment suppliers to the military led the advances with the sector seeing a 2 percent rise.
Zhonghang Electronic Measuring Instruments [SHE:300114] jumped by the exchange-imposed limit of 10 percent today to CNY16.47 (USD2.43) and Avic Aviation High-Technology rose 7.64 percent to end the day at CNY26.36 (USD3.89).
The Shanghai Composite Index dipped 0.63 percent to end the day at 3,316.94, while the Shenzhen Component Index fell to 13,149.5, a drop of 0.72 percent. The ChiNext Price Index, which tracks growth enterprises in Shenzhen, closed 1.03 percent lower at 2,569.22.
Editor: Kim Taylor
