Shanghai Composite rises 0.58%

Mainland China share market advance for third consecutive session on Friday, 19 September 2014, after Chinese central bank boosting its stimulus program and as Premier Li Keqiang pledge to support for small firms by cutting their taxes, increasing their subsidies and encouraging banks to step up lending to them. The benchmark Shanghai Composite index climbed up 13.52 points, or 0.58%, to finish at 2329.45. The CSI 300 index added 16.55 points, or 0.69%, to 2425.21. For the week, Shanghai Composite and CSI 300 index were down 0.1 and 0.5%, respectively.

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