The Mainland China's stock market advanced for second consecutive session on Friday, 09 October 2015, catching up a rally in global equities after the FOMC minutes released overnight pointed the U.S. Federal Reserve will continue its ultra-easy monetary policy for now. Risk sentiments also bolstered by the creation of a global payment system which will boost the globalization of the yuan. All 10 SSE sectors added strength to the key index, with telecommunication, technology, energy, material, and financial stocks leading gains. The Shanghai Composite Index advanced 1.27%, or 39.79 points, to 3183.15 points. The Shenzhen Composite Index, which tracks stocks on China's second exchange, added 1.47%, or 26.24 points, to 1811.63. The ChiNext Index, which tracks China's NASDAQ-style board of growth enterprises, grew 1.2%, or 26.34 points, to close at 2216.66.
Powered by Capital Market - Live News
