NEW YORK, May 30 (Xinhua) -- U.S.-listed Chinese companies traded mostly higher on Thursday with eight 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 58.com and Ctrip.com International rose 4.45 percent and 1.79 percent respectively, leading the gainers in the top 10 stocks of the index.
Yet shares of Baidu and Alibaba Group Holding fell 1.00 percent and 0.92 percent respectively, the only two losers in the top 10 stocks of the index.
U.S. stocks ended slightly higher on Thursday, as investors digested a batch of tepid economic data.
The Dow Jones Industrial Average rose 43.47 points, or 0.17 percent, to 25,169.88. The S&P 500 rose 5.84 points, or 0.21 percent, to 2,788.86. The Nasdaq Composite Index was up 20.41 points, or 0.27 percent, to 7,567.72.
The Cboe Volatility index, widely considered the best fear gauge in the stock market, decreased 3.35 percent to 17.3 on Thursday.
As of Wednesday, the S&P U.S. Listed China 50 index stood at 2,536.47, marking a 15.89-percent decrease for the month-to-date returns and a 10.70-percent gain for the year-to-date returns. Enditem
Latest comments