Mainland China stock market managed to eke out gains after early losses on Friday, 16 December 2016, on easing concerns over liquidity crunch in the banking system after reports China's central bank has pumped 600 billion yuan into the financial system over the past two days to stabilize the bond and stock markets. Sectors were mixed, with infrastructure and healthcare recovered some losses early this week, while banks and materials continued to lag on the dollar's strength. The Shanghai Composite Index added 0.17% to 3,122.98, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.95% to 1,991.64. The ChiNext Index, which tracks China's NASDAQ-style board of growth enterprises, jumped 1.13% to close at 1,998.11 points. For the week, the Shanghai Composite Index was down 3.4%, its worst retreat in nearly eight months.
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