China stocks recover losses

Mainland China share market closed marginal higher after recouping losses late afternoon on Wednesday, 11 June 2014, registering second consecutive day of rise. The positive finish of the market largely came on speculation about government spending plans to combat water pollution and the central bank measures to boost lending to smaller companies. But low volume and an absence of trading cues capped further gains. The benchmark Shanghai Composite closed 2.42 points higher at 2054.95 after hitting an intraday low of 2045.41. Market turnover decreased to 63.2 billion yuan from Tuesday's 65.41 billion yuan.

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