China Stocks eke out modest gains

The Mainland China equity market managed to eke out modest gains on Friday, 28 July 2017, bolstered by recent solid economic data, investment of pension funds, and the country's pledge to persist with supply-side reforms. Non-ferrous metal producers, consumer shares, and iron and steel companies are among the biggest gainers today. The benchmark Shanghai Composite Index climbed 0.11%, or 3.46 points, to 3,253.24 while the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.13%, or 2.41 points, to 1,868.37. The CSI 300 Index - which tracks large caps listed in Shanghai and Shenzhen - edged up 0.3% or 9.70 points to 3,721.89. For the week, CSI300 was down 0.2%, while SSEC gained 0.5%.

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