China Stocks end tick higher

The Mainland China equity market recouped early losses to end marginally higher on Tuesday, 31 October 2017, on easing fear about liquidity crunch after the central bank injected a net of 80 billion yuan into the banking system through reverse re-purchase agreements. However, market upside moved capped by disappointing October manufacturing activity index. Sector performance on Tuesday was mixed, with transport firms being notable gainers. The Shanghai Composite Index added 0.1% to 3,393.34 points. The blue-chip CSI300 index fell 0.1% to 4,006.72. The Shanghai Composite Index gained 1.3% for the month.

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