AGL 38.70 Increased By ▲ 1.13 (3.01%)
AIRLINK 131.00 Decreased By ▼ -1.50 (-1.13%)
BOP 5.59 Decreased By ▼ -0.05 (-0.89%)
CNERGY 3.85 Increased By ▲ 0.08 (2.12%)
DCL 8.74 Decreased By ▼ -0.13 (-1.47%)
DFML 40.80 Decreased By ▼ -0.20 (-0.49%)
DGKC 88.70 Decreased By ▼ -1.46 (-1.62%)
FCCL 35.29 Increased By ▲ 0.21 (0.6%)
FFBL 66.58 Increased By ▲ 0.08 (0.12%)
FFL 10.58 Increased By ▲ 0.43 (4.24%)
HUBC 109.25 Increased By ▲ 2.85 (2.68%)
HUMNL 14.66 Increased By ▲ 1.26 (9.4%)
KEL 4.79 Decreased By ▼ -0.07 (-1.44%)
KOSM 7.03 Increased By ▲ 0.18 (2.63%)
MLCF 42.48 Increased By ▲ 0.68 (1.63%)
NBP 59.48 Increased By ▲ 0.90 (1.54%)
OGDC 183.90 Increased By ▲ 2.65 (1.46%)
PAEL 25.60 Decreased By ▼ -0.10 (-0.39%)
PIBTL 5.90 Increased By ▲ 0.07 (1.2%)
PPL 147.81 Decreased By ▼ -0.59 (-0.4%)
PRL 23.51 Increased By ▲ 0.29 (1.25%)
PTC 16.49 Increased By ▲ 1.25 (8.2%)
SEARL 69.69 Increased By ▲ 0.90 (1.31%)
TELE 7.23 Decreased By ▼ -0.01 (-0.14%)
TOMCL 35.80 Decreased By ▼ -0.20 (-0.56%)
TPLP 7.82 Increased By ▲ 0.42 (5.68%)
TREET 14.25 Increased By ▲ 0.01 (0.07%)
TRG 50.58 Decreased By ▼ -0.27 (-0.53%)
UNITY 26.83 Increased By ▲ 0.43 (1.63%)
WTL 1.22 Increased By ▲ 0.01 (0.83%)
BR100 9,814 Increased By 46.2 (0.47%)
BR30 29,773 Increased By 372.9 (1.27%)
KSE100 92,364 Increased By 426.1 (0.46%)
KSE30 28,849 Increased By 105.2 (0.37%)

SHANGHAI: China stocks closed slightly higher on Monday in holiday-thinned trade with the Hong Kong market closed for Christmas, although online gaming shares extended the previous session’s losses after China announced new rules to curb spending on video games.

The blue-chip CSI 300 Index closed up 0.3% and the Shanghai Composite Index edged up 0.1%.

China’s CSI Anime Comic Game Index slumped 3.4%, adding to a 10% tumble the previous session.

Weak sentiment towards the gaming sector persisted despite a statement from regulators on Saturday that they would make improvements to their proposed rules after “earnestly studying” public views on them.

The proposals, aimed at curbing money and time spent on video games, were a blow to the world’s biggest games market and knocked the value of Tencent Holdings, Netease and other gaming stocks.

On Monday, shares in gaming companies Giant Network Group, 37 Interactive Entertainment Network and Kingnet Network plunged between 7% and 10%.

Stocks in the media sector tumbled 1.7%, while energy shares rose 1% and consumer staples were up 0.7%.

Aviation defence stocks jumped 1.8%.

Comments

Comments are closed.