Shanghai Composite touches 21-month high

Mainland China share market closed at fresh 21-months peak on Tuesday, 04 November 2014, on the back of rotational buying in highly-capitalized stocks with low share prices, led by industrial companies, on speculation the government is planning a $16.3 billion fund to finance construction of infrastructure along a centuries-old Silk Road trading route. Investors shrugged off a mixed picture of October's economic activity. The benchmark Shanghai Composite Index, which tracks both A and B shares, ended 0.03% up at 2430.68, its highest close since 8 February 2013 when it finished at 2432.40.

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