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China Stocks surge on pleasing new loan data

Capital Market 

Mainland finished the session sharply higher on Tuesday, 18 October 2016, with sentiment bolstered by better than expected new loan data for September 2016. Most sectors rose, with infrastructure and industrial stocks leading the gains. The CSI300 index of the largest listed companies in Shanghai and Shenzhen added 1.33%, to 3,321.33 points, while the Shanghai Composite Index inclined 1.4% to 3083.88 points.

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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, October 18 2016. 15:50 IST