Mainland China equity market closed higher for the first time in four consecutive sessions on Friday, 08 May 2015, due to bottom fishing across the sectors on reinforced expectations of fresh stimulus from Beijing after poor trade figures. The Shanghai Composite Index advanced 93.70 points, or 2.28%, to finish at 4205.92 points, off an intraday high of 4206.86. The CSI300 index increased 88.31 points, or 1.98%, to 4558.40. For the week, the Shanghai index fell 5.3 percent, posting its worst performance since July 2010. The CSI300 index posted a weekly decline of 4 percent, the biggest loss in one and a half years.
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