Shanghai Composite closes above 2600 level

Mainland China share market advanced for fifth straight session on Wednesday, 26 November 2014, as appetite for risk assets continued receiving blood by last week's surprise cut in interest rates, with railway and brokerage stocks being major gainers. The Shanghai Composite ended 36.75 points, or 1.43%, higher at 2604.35, registering the first close above 2600 since August 2011. Full-day turnover was strong, with 33.71 trillion shares changed hand worth of 316.52 trillion yuan. The benchmark index has accumulated 6.2% over the last five sessions.

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