Business Standard

China stocks recover losses

Image

Capital Market
Mainland China share market closed marginal higher after recouping losses late afternoon on Wednesday, 11 June 2014, registering second consecutive day of rise. The positive finish of the market largely came on speculation about government spending plans to combat water pollution and the central bank measures to boost lending to smaller companies. But low volume and an absence of trading cues capped further gains. The benchmark Shanghai Composite closed 2.42 points higher at 2054.95 after hitting an intraday low of 2045.41. Market turnover decreased to 63.2 billion yuan from Tuesday's 65.41 billion yuan.

Powered by Capital Market - Live News

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 11 2014 | 3:15 PM IST

Explore News