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U.S.-listed Chinese firms trade higher

2019-03-12 07:01

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NEW YORK, March 11 (Xinhua) -- U.S.-listed Chinese companies traded higher on Monday with all 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 TAL Education added 4.69 percent and 3.77 percent respectively, leading the advancers in the top 10 stocks of the index.

U.S. stocks closed higher on Monday as investors eyed the stock performance of Boeing and major airlines after an Ethiopian Airlines plane crash.

The Dow Jones Industrial Average was up 200.64 points, or 0.79 percent, to 25,650.88. The S&P 500 increased 40.23 points, or 1.47 percent, to 2,783.30.

The Nasdaq Composite Index rose 149.92 points, or 2.02 percent, to 7,558.06. As of Friday, the S&P U.S. Listed China 50 index stood at 2,7692.54, marking a 1.54-percent decrease for the month-to-date returns and a 17.51-percent gain for the year-to-date returns.
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