China market rally gains steam

Mainland China's stock market ended higher third consecutive session on Monday, 13 July 2015, amid Beijing's fresh measures to restore investor confidence. Sentiments were also aided by better than expected trade numbers. News of margin bets increment from traders and trading resumption of more companies also bolstered risk sentiments. The benchmark Shanghai Composite Index advanced 92.58 points, or 2.4%, to 3970.39 points. The Shenzhen Composite Index, which tracks stocks on China's second exchange, rallied 4.2%, or 84.09 points, to 2120.25. The Shanghai index has gained 13.2% in last three sessions, though remains down 23.2% from its high reached in June.

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