Shanghai Composite ends up 1.2%

Mainland China share market closed at fresh 20-months peak on Friday, 31 October 2014, on sustained buying from retailers and funds on big capitalization stocks including banks on hopes of stimulus measures. The benchmark Shanghai Composite Index, which tracks both A and B shares, ended up 1.2% at 2420.18, marking the highest close since Feb. 18, 2013, when it finished at 2421.56. For the week, the index gained 5.1%. For October, it was up 2.4%. It's reported that the People's Bank of China may clarify stimulus measures and the status of the economy when it releases its third-quarter monetary policy report.

Powered by Capital Market - Live News