Shanghai Composite rises 0.88%

Mainland China share market closed higher on Friday, 12 September 2014, on growing speculation that government will unveil fresh stimulus measures after China's consumer inflation cooled more than expected in August, further evidence that the economy is losing momentum. All ten SSE sectors advanced, with shares of industrials, telecom, utilities, energy and consumer discretionary companies being major gainers. The benchmark Shanghai Composite advanced 20.27 points to finish at 2331.95. The CSI 300 added 14.91 points to 2438.36.

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