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Chinese shares close higher Thursday

China

China

China

Chinese shares close higher Thursday

2025-10-09 16:27 Last Updated At:18:07

Chinese stocks closed higher on Thursday -- the first trading day following the eight-day National Day and Mid-Autumn Festival holiday on October 1-8, with the benchmark Shanghai Composite Index up 1.32 percent to 3,933.97 points, hitting its highest level in more than a decade.

The Shenzhen Component Index closed 1.47 percent higher at 13,725.56 points.

The combined turnover of these two indices stood at 2.65 trillion yuan (about 372.7 billion U.S. dollars) -- up from 2.18 trillion yuan on the previous trading day.

Shares related to nonferrous metals, nuclear power and rare-earth permanent magnets led the gains, while stocks related to cinema chains, tourism and education suffered major losses.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, ended 0.73 percent higher at 3,261.82 points.

Chinese shares close higher Thursday

Chinese shares close higher Thursday

An explosion on Friday night at an industrial park 50 kilometers southwest of Buenos Aires sparked a fire and released toxic fumes, leaving at least 22 people injured, local media reported.

The explosion, which occurred around 21:00 local time in the city of Ezeiza, shattered windows of buildings within a four-kilometer radius, then ignited a fire and produced dense, toxic smoke, according to the media outlet Clarin.

The fire reached a height of over 20 meters and burned for more than two hours.

Firefighters were dispatched to the scene following the blast. However, due to the intensity of the flames, they were unable to extinguish the fire directly; instead, they sprayed water on surrounding buildings to prevent the blaze from spreading further.

Gaston Granados, mayor of Ezeiza, said the fire had spread to several factories and was still not under control.

Preliminary investigations indicate that the fire began in the warehouse of an agrochemical company.

Industrial blast near Argentinian capital Buenos Aires injures 22

Industrial blast near Argentinian capital Buenos Aires injures 22

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