Shanghai Composite extends gain for 6th day

Mainland China share market closed higher on Thursday, 27 November 2014, registering advance for sixth consecutive session, on hopes that government would further loose monetary policy to support the world's second-biggest economy after last week's surprise cut in interest rates. The Shanghai Composite ended 26.14 points, or 1%, higher at 2630.49, a highest closing since August 2011. Full-day turnover was strong, with 364.08 billion shares traded worth 338.96 billion yuan. The index has risen 7.3 percent in last six trading days.

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