Shares close flat in lackluster trading

The mainland main stock index rebounded to end slightly higher yesterday as banking shares recovered in late trade, but analysts said it was not clear that the market was resuming an extended uptrend.

The Shanghai Composite Index, which tumbled 4.56 percent on Tuesday and was down as much as 2.6 percent in the early afternoon yesterday, closed 0.27 percent higher at 2206.574 points.

Turnover in Shanghai A shares shrank to 131.3 billion yuan from Tuesday's 157.9 billion yuan.