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China Market extends gain

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Capital Market
Mainland China stock market ended stronger after swinging between negative and positive territory on Thursday, 17 March 2016, on the back of bargain hunting in technology and media stocks after U.S. Federal Reserve officials scaled back their forecasts for interest-rate increases. The benchmark Shanghai Composite Index rose 0.21%, or 6.06 points, to 2870.43, while the Shenzhen index ended 3.41% higher at 9,791.85 points. The CSI 300 Index, measuring exchanges in Shanghai and Shenzhen, added 15.29 points, or 0.5%, to 3090.03. The ChiNext Index, which tracks China's NASDAQ-style board of growth enterprises, soared 5.55% to close at 2,087.29 points, reversing consecutive falls in the past two sessions.

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First Published: Mar 17 2016 | 9:21 PM IST

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