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China Market rebounds 1.36%

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Capital Market
The strong rebound in afternoon trade helped the Mainland China stock market to post first gain in three days in row on Thursday, 19 November 2015. The appetite for risk assets propelled by news that Beijing would help manufacturers to upgrade their technology and minutes from a Federal Reserve meeting signaled that the pace of U.S. interest-rate increases will be gradual. The Shanghai Composite Index rebounded 1.36%, or 48.59 points, to close at 3617.06 points. The Shenzhen Composite Index, which tracks stocks on China's second exchange, grew 3.07%, or 67.33 points, to close at 2257.21. The ChiNext Index, which tracks China's NASDAQ-style board of growth enterprises, was up 4.12%, or 109.59 points, to close at 2770.75.

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First Published: Nov 19 2015 | 3:29 PM IST

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