Home / Markets / Daily Recap / Momo Inc. (NASDAQ:MOMO – $MOMO) up +10.93% on 2016-10-10

Momo Inc. (NASDAQ:MOMO – $MOMO) up +10.93% on 2016-10-10

On Monday (2016-10-10) Momo Inc. (NASDAQ:MOMO) was up +10.93% making it the best performing internationally tradeable Chinese stock today.

Other notable gainers were Guodian Technology & Environment Group Corporation Ltd (HKG:1296) 0.63 HKD (+8.47%), Baozun Inc. (NASDAQ:BZUN) 18.50 USD (+8.31%) and Weibo Corporation (NASDAQ:WB) 55.85 USD (+7.61%).

The worst-performing Chinese stocks were Citic Envirotech (SGX:U19) 1.40 SGD (-6.67%), SPI Energy Co. Ltd. (NASDAQ:SPI) 2.06 USD (-5.5%) and Yangtze Optical Fibre and Cable Joint Stock Ltd Co (HKG:6869) 15.08 HKD (-4.94%).

Sector summary

The best-performing sector was: Technology (+2.66%)
While the worst-performing sector was: Industrials (-0.27%)

Chinese stock indexes

Chinese stock indexes were mixed. Shanghai Composite Index was 3048.24 up +1.66%, Shenzhen Composite Index was 2033.38 up +1.89% and Hong Kong Hang Seng Index was 23851.82 down -0.42%.

Source: WealthyTec, Inc. As of October 10, 2016 @ 07:00:57 UTC. Notes: Daily recap focuses solely on internationally tradeable Chinese stocks. Currently, New York, Hong Kong and Singapore listed Chinese stocks are considered internationally tradeable. Top gainers and losers data excludes stocks with market capitalization less than USD 100 million. Sector summary is based on 648 internationally tradeable Chinese stocks. Disclaimer: All the information is provided “as is”. WealthyTec will not be liable for any errors in the content.

About WealthyTec Team

WealthyTec Team is a small but growing number of Financial Technology enthusiasts building the world's best Automated China Investment Advisor (robo-advisor). Numerous contributors write under "WealthyTec Team".

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