Mainland China's stock market finished the session higher after swinging between gains and losses in tight range on Wednesday, 22 July 2015, marking a fifth consecutive session of winning streak. Sentiment continued to receive a boost from slew of as government rescue measures helped to restore some stability to trading. However, move on the upside checked amid concern that the nation's slowing economic growth will hurt earnings and state intervention in equities will delay market reforms. The benchmark Shanghai Composite Index advanced 8.37 points, or 0.21%, to finish at 4026.04 points. The Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 1.01%, or 22.88 points, to 2287.98 points. The benchmark gauge has rebounded more than 15% since July 8, following a 32% plunge that wiped out almost $4 trillion, as policy makers introduced a spate of measures to bolster equities.
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