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China Market attains highest level 11 months

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Capital Market
Last Updated : Nov 30 2016 | 9:13 AM IST
Mainland China stock market extended their bull run for a fourth session on Tuesday, 29 November 2016, closing at the highest level in almost 11 months as investors hopes that speculation curbs on the real estate market will push funds into equities. Investor sentiment also received a boost after Morgan Stanley upgraded their ratings on mainland stock markets. The blue-chip CSI300 index rose 0.82%, to 3,564.04, while the Shanghai Composite Index gained 0.18% to 3,282.92 points. The Shenzhen Composite Index, which tracks stocks on China's second exchange, fell 0.77% to 2,110.36. The measure has added 5.9% so far this month.

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First Published: Nov 29 2016 | 3:14 PM IST

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