Markets > Stocks

U.S.-listed Chinese firms trade mixed

NEW YORK
2019-03-02 06:15

Already collect

NEW YORK, March 1 (Xinhua) -- U.S.-listed Chinese companies traded mixed on Friday with half of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on an upbeat note.

Shares of BeiGene and JD.com rose 10.40 percent and 3.68 percent respectively, leading the winners in the top 10 stocks of the index.

Shares of Netease and Yum China Holdings, however, fell 2.62 percent and 0.77 percent respectively, leading the losers in the top 10 stocks of the index.

U.S. stocks traded higher on Friday, as the market was underpinned by stronger-than-expected corporate earnings in the fourth quarter last year and investors digested a batch of mixed economic data.

The Dow Jones Industrial Average increased 110.32 points, or 0.43 percent, to 26,026.32. The S&P 500 was up 19.20 points, or 0.69 percent, to 2,803.69. The Nasdaq Composite Index was up 62.82 points, or 0.83 percent, to 7,595.35.

The Cboe Volatility index, widely considered the best fear gauge in the stock market, fell 7.69 percent to 13.57 on Friday.

As of Thursday, the S&P U.S. Listed China 50 index stood at 2,734.68, marking a 6.60-percent increase for the month-to-date returns and a 19.35-percent gain for the year-to-date returns.
Add comments

Latest comments

Latest News
News Most Viewed