The Shanghai and Shenzhen stock markets opened higher but closed lower today. The SSE Composite Index gained and then lost 3200 points. Stimulated by the overall rise of peripheral stock markets, both markets opened higher this morning. The SSE Composite Index opened above 3200 points, hitting a near three-month high. However, due to investors' caution, after a short rise, the index began to decline. The SSE Composite Index lost 3200 points. By noon close, the SSE Composite Index was at 3185 points, up 0.3%.
Today, the Shanghai Composite Index opened at 3203.17 points, with the highest point at 3211.1 points and the lowest point at 3184.94 points. It closed at 3185 points with an increase of 9.42 points, up 0.3%, and the turnover was RMB 86.93 billion; The Shenzhen Component Index opened at 13133.66 points, with the highest point at 13206.32 points and the lowest point at 13115.04 points. It closed at 13134.89 points with an increase of 98.59 points, up 0.76%, and the turnover was RMB 53.97 billion.