1st LD-Writethru: Chinese shares close higher Friday-Xinhua

1st LD-Writethru: Chinese shares close higher Friday

Source: Xinhua

Editor: huaxia

2025-07-18 16:19:45

BEIJING, July 18 (Xinhua) -- Chinese stocks closed higher on Friday, with the benchmark Shanghai Composite Index up 0.5 percent to 3,534.48 points.

The Shenzhen Component Index closed 0.37 percent higher at 10,913.84 points.

The combined turnover of these two indices stood at 1.57 trillion yuan (about 219.6 billion U.S. dollars), up from 1.54 trillion yuan the previous trading day.

Stocks related to rare earth permanent magnet and lithium mining led the gains, while stocks in the games and photovoltaic sectors suffered major losses.

The ChiNext Index, which tracks China's Nasdaq-style board of growth enterprises, gained 0.34 percent to close at 2,277.15 points on Friday.