China Market ends at fresh two-year highs

The Mainland China equity market finished session at fresh two-year highs on Friday, 19 January 2018, as risk sentiments underpinned by better than expected domestic GDP data. China recorded annualised GDP growth of 6.8% in the fourth quarter and an annual growth rate of 6.9% in 2017, according to National Bureau of Statistics (NBS). Most of SSE sectors inclined, with shares in banks & financials being notable gainers. At the close, the Shanghai Composite index was up 14.35 points or 0.41% at 3,489.11. The Shenzhen Composite Index lost 0.14 to 1,921.54, while the ChiNext Price Index dropped 0.57% to 1,728.14. The blue-chip CSI300 index was up 0.35% to 4,285.40, with its financial sector sub-index higher by 0.82%, the consumer staples sector down 0.99%, the real estate index down 0.69% and healthcare sub-index down 0.05%.

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