China Stocks up resources rally

The Mainland China equity market closed higher on Thursday, 29 June 2017, as risk sentiments buoyed by easing fears of a quarter-end liquidity crunch in the banking system, as well as a rise in the yuan, which assuaged concerns about capital outflows. Most of the SSE sectors climbed with shares of commodity-linked players being major gainers driven by strong gains in raw material. The blue-chip CSI300 index rose 0.62%, to 3,668.83 points, while the Shanghai Composite Index gained 0.47% to 3,188.06 points.

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