China Market rises marginally

Mainland China stock market closed mild higher on Friday, 02 September 2016, as official data showed activity in China's manufacturing sector expanded in August due to a recovery in market demand and a rebound in production. China's real estate and banking stocks were firm on Friday but consumer and transportation shares weakened. The CSI300 index, which tracks the largest listed companies trading in Shanghai and Shenzhen, inclined 0.38% to 3314.11 points. The Shanghai Composite Index closed up 0.13% at 3067.35 points while the Shenzhen Composite index closed down 0.4% at 2009.29 points. For the week, the CSI300 index edged up 0.2%, while the SSEC was roughly flat, inching down 0.1%.

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