China market extends rout

Mainland China's stock market ended lower in volatile trade on Friday, 31 July 2015, as investors close out positions to mitigate risk on caution ahead of Chinese official manufacturing data on Saturday after early gauge of manufacturing indicated hit a lowest level in 15 months, throwing doubt on the health state-owned enterprises. The benchmark Shanghai Composite Index ended 42.04 points, or 1.13%, down at 3663.73 points. The Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 0.82%, or 17.53 points, to 2110.62 points. For the week, the benchmark Shanghai index has lost 10%.

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