China Shanghai Composite softens 0.3%

The Mainland China equity market ended firmer after recouping early losses on Monday, 18 December 2017, as risk sentiment improved in the afternoon partly aided by better than expected property data. However, market gains were capped amid concerns over tight year-end liquidity after the central bank lifted interbank market rates. At the close, the Shanghai Composite index was up 2.19 points or 0.07% at 3,268.33. The CSI 300 Index of large companies also added 0.1%. The smaller Shenzhen index ended down 0.63% and the start-up board ChiNext Composite index was weaker by 0.19%.

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