Published on 06/17/2025 at 03:39
(MT Newswires) -- Chinese shares finished Tuesday's session flat as investors are cautious over brewing Middle East tensions.
The Shanghai Composite Index, the main gauge of Chinese stocks, marginally slipped to close at 10,151.43. Likewise, the Shenzhen Component Index moderately fell to 3,387.40.
The market's sentiment is weak as the Israel-Iran conflict entered a fifth consecutive day, with both nations hurling strikes at each other.
US President Donald Trump left the G7 summit early, but said that it has nothing to do with the initiation of a ceasefire proposal between the nations. He called on for people to evacuate Tehran, while indicating that Iran rejected a nuclear treaty.
In corporate news, Qingdao Yunlu Advanced Materials Technology slumped 6.9% after its chairman and general manager, Li Xiaoyu, was detained by Jilin City's authorities for reasons unrelated to the company.
Hefei Taihe Intelligent Technology Group dropped 4.3% despite plans to fully acquire Anhui Sunshine Youchu New Energy for a consideration of up to 50 million yuan from its controlling shareholder, Sunshine New Energy Development.
Sumber : MT Newswires
powered by: IPOTNEWS.COM