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China Stocks end higher

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Capital Market
Mainland China stock market finished session slight higher on Monday, 07 November 2016, as risk sentiments aided by Chinese Premier Li Kiqiang's remarks over the weekend that China will maintain steady growth and speed up its economic transformation. Offering further solace was the news that the Federal Bureau Investigation (FBI) said it stood by its earlier recommendation that no criminal charges were warranted against Democrat Hillary Clinton, two days ahead of the US presidential election. Sectors were mixed, with strong rally in coal miners and metal producers offset massive profit-taking in speculative stocks. The benchmark Shanghai Composite Index advanced 0.26% to close at 3,133.33 points. The CSI 300 index of the 300 biggest companies traded in Shanghai and Shenzhen added 0.07% to close at 3,356.59 points.

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First Published: Nov 07 2016 | 4:57 PM IST

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