Markets > Stocks

U.S.-listed Chinese firms trade mostly higher

Xinhua News,NEW YORK
2020-06-16 05:28

Already collect

NEW YORK, June 15 (Xinhua) -- U.S.-listed Chinese companies traded mostly higher on Monday, with six 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 Pinduoduo and ZTO Express surged 6.24 percent and 5.3 percent, respectively, leading the gainers in the top 10 stocks in the index.

Shares of Yum China Holdings and Trip.com Group fell 3.49 percent and 1.14 percent, respectively, leading the laggards in the top 10 stocks.

U.S. stocks finished higher on Monday as the Federal Reserve unveiled further measures to support the market amid the COVID-19 pandemic.

The Dow Jones Industrial Average jumped 157.62 points, or 0.62 percent, to 25,763.16. The S&P 500 increased 25.28 points, or 0.83 percent, to 3,066.59. The Nasdaq Composite Index rose 137.21 points, or 1.43 percent, to 9,726.02.

The Cboe Volatility Index, widely considered as the best fear gauge in the stock market, dipped 4.68 percent to 34.4.

As of Friday, the S&P U.S. Listed China 50 index stood at 3,755.45, marking a 6.57-percent increase for the month-to-date returns and an 18.57-percent gain for the year-to-date returns.
Add comments

Latest comments

Latest News
News Most Viewed