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Shanghai Composite rises to 19-months high

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Capital Market
Mainland China market advanced for a sixth consecutive trading day to close at highest level in 19 months on Tuesday, 30 September 2014, as risk sentiment was buoyed by abundant liquidity in the market, speculation of government reforms measures and hopes an exchange link with Hong Kong may fuel fund inflows. The benchmark Shanghai Composite index advanced 6.16 points, or 0.26%, to finish at 2363.87, the highest close since 28 February 2013, when it finished at 2365.59. Mainland markets will be shut from Oct. 1 to Oct. 7 for the National Day holidays.

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First Published: Sep 30 2014 | 4:53 PM IST

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