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Shanghai Composite climbs to 15-month high

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Capital Market
Headline indices of the Mainland China share market closed at highest level in 15-months on Wednesday, 03 September 2014, on the back of rise in non-manufacturing purchasing manager data for August. Meanwhile, buying pressure accelerated on rumor the government will increase support for strategic industries to bolster economic growth. The benchmark Shanghai Composite advanced 22.58 points, or 1%, to 2288.63, the highest level since 3 June 2013 when index closed at 2299.25. Turnover increased to 187.55 billion yuan from Tuesday's 170.93 billion yuan.

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First Published: Sep 03 2014 | 4:13 PM IST

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