Shanghai Composite rises 1.08% to 3,638.03, STAR50 up 3.11%; onshore yuan closes at 6.6458; fixing eased 8 bp to 6.7146.
China's three major A-share indices rose on Monday 2 November. The Shanghai Composite closed at 3,638.03, up 1.08%; the Shenzhen Component at 11,010.68, up 1.63%; ChiNext at 2,458.70, up 1.87%; the CSI 300 at 4,016.92, up 0.79%; and the STAR50 at 1,196.94, up 3.11%. Xinhua Finance said Shanghai and Shenzhen turnover was about 1.78 trillion yuan, some 109 billion yuan more than the previous session; Tonghuashun said about 4,630 stocks rose, 794 fell and 128 hit the limit-up. Cinema, gaming and media led gains, while precious metals, banks and coal lagged. China Daily English also reported the Shanghai and Shenzhen closes higher. The yuan's central parity was set at 6.7146 per dollar, 8 pips weaker (Xinhua/CFETS). SCMP said Beijing trimmed the fixing even as the offshore yuan traded at a more-than-four-year high, read as managing the pace of appreciation. The onshore yuan closed at 6.6458 at 16:30, up 99 pips (Gelonghui, Yicai); the offshore yuan's full-day close was about 6.6435 (Investing.com). The issue's market table, which had carried the Friday 30 October close since the morning open, is updated to 2 November.
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