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China stocks end higher after volatile ride

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Capital Market
The Mainland China stock market modest higher after a volatile ride on Tuesday, 01 December 2015. The gain came on speculation that the People's Bank of China would undertake more economic stimulus measures after two monthly indicators of activity in China's manufacturing sector showed a contraction in November.The Shanghai Composite Index ended 0.32%, or 10.90 points, up at 3456.31 points. The Shenzhen Composite Index, which tracks stocks on China's second exchange, declined 0.24%, or 5.32 points, to close at 2198.28. The ChiNext Index, which tracks China's NASDAQ-style board of growth enterprises, was down 0.64%, or 17.24 points, to close at 2655.34.

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First Published: Dec 01 2015 | 5:39 PM IST

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