The ChiNext Index fell 3.84% on June 23, as the Shenzhen Component Index also declined by 3.17%, and the Shanghai Composite Index dropped 1.37%. The total trading volume on the Shanghai and Shenzhen stock exchanges was 3.44 trillion yuan, a decrease of 296.4 billion yuan from the previous day.
Sector performance was mixed, with the pharmaceutical sector showing strength as over ten stocks, including Shandong Xinhua Pharmaceutical and Hainan Haiyao, hit their daily limit up. The humanoid robot and phosphate chemical sectors also saw gains. Conversely, the non-ferrous metals and PCB sectors experienced significant corrections, with several stocks hitting their daily limit down, including China Rare Earth and Nuode New Materials.
ChiNext Index Drops 3.84% as Non-Ferrous Metals and PCB Sectors Correct
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