Energy, finance sectors lead recovery in mainland stocks

SHANGHAI: The major mainland index picked up after Tuesday's sharp fall to surge more than 6 percent yesterday, mainly boosted by heavyweight stocks in the energy and financial sectors.

The benchmark Shanghai Composite Index soared 6.05 percent, or 115.04 points, to finish at 2017.47, with 884 out of 961 stocks closing higher. The smaller Shenzhen Component Index was 6.14 percent higher at 6679.94 points.

The combined turnover on the two bourses amounted to 120.35 billion yuan, down 16.7 percent from Tuesday.