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China stocks rebound for first time in three days

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Capital Market
Mainland China's stock market rebounded from early losses to finish higher for the first time in three straight days in a volatile session on Thursday, 16 July 2015. Sentiment locally received a boost from better-than-expected economic data in the second quarter. Volatility increased as hundreds of companies resume trading and the government maintains measures to support the stock market. The benchmark Shanghai Composite Index advanced 17.47 points, or 0.46%, to finish at 3823.18 points, off an intraday loss of as much as 3.1%. The Shenzhen Composite Index, which tracks stocks on China's second exchange, added 1.34%, or 27.67 points, to 2086.52 points.

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First Published: Jul 16 2015 | 1:48 PM IST

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