Shanghai Composite rises 0.66%

Last Updated : Oct 20 2014 | 9:45 PM IST

Mainland China share market closed higher on Monday, 20 October 2014, amid speculation the central government is accelerating measures to support economic growth. The benchmark Shanghai Composite index rose 15.54 points, or 0.66%, to finish at 2356.73. The People's Bank of China is said to plan the injection of about 200 billion yuan ($32.7 billion) into some national and regional lenders. Bank of America Corp. said the move is equal to a 20 basis-point cut in reserve-requirement ratios. The liquidity injection came before today's start of a Communist Party meeting and tomorrow's gross domestic product data.

Powered by Capital Market - Live News

Already subscribed? Log in

Subscribe to read the full story →

^*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%

*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

In-depth market analysis & insights with access to The Smart Investor

Ad-free Reading

Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

Access Business Standard across devices — mobile, tablet, or PC, via web or app

SAVE 25%

Subscribe for ₹2,700 / 1 Year

Connect with us on WhatsApp

Shanghai Composite rises 0.66%