Reuters, Shanghai, November 24-The Shanghai Composite Index of China’s stock market opened almost flat in early trading on Wednesday. The index has closed up for three consecutive trading days; energy and coal stocks have risen, and the Premier of the State Council said to ensure a stable supply of thermal coal.
Shanghai Composite Index.SSECOpen almost flat, to 3,590.02 points, Shanghai and Shenzhen 300 Index.CSI300The opening was nearly flat.
Chinese Premier Li Keqiang said during an inspection tour in Shanghai a few days ago that electricity is the driving force of economic operation. It is necessary to ensure a stable supply of electric coal, solve the problem of electricity shortages in some places, and prevent new electricity curtailment and production shutdowns; it is necessary to promote mature and advanced technologies to improve energy efficiency and promote Clean and efficient use of coal to promote green and low-carbon development.
In the external market, the US stock market Nasdaq index closed lower for the second consecutive trading day on Tuesday, while the S&P 500 index closed higher. European stock markets fell to their lowest in three weeks on Tuesday, their biggest one-day decline in nearly two months. (over)
(Posted by Cui Zhuzhu; reviewed by Lin Gaoli)
Cui Zhuzhu; Reviewer Lin Gaoli
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