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China Market attains highest level 11 months

Capital Market 

Mainland extended their bull run for a fourth session on Tuesday, 29 November 2016, closing at the highest level in almost 11 months as investors hopes that speculation curbs on the real estate market will push funds into equities. Investor sentiment also received a boost after Morgan Stanley upgraded their ratings on mainland stock markets.

The blue-chip CSI300 index rose 0.82%, to 3,564.04, while the Shanghai Composite Index gained 0.18% to 3,282.92 points. The Shenzhen Composite Index, which tracks stocks on China's second exchange, fell 0.77% to 2,110.36. The measure has added 5.9% so far this month.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, November 29 2016. 15:14 IST