Shares lackluster as profit taking prunes gains

The mainland stocks edged up 0.11 percent yesterday, with property and metal stocks firm but coal and financials hit by profit-taking after recent gains. Ample liquidity continued to bolster the market.

The Shanghai Composite Index ended at 2724.302, a fresh 10-month closing high. The index has surged 50 percent so far this year.

Turnover in Shanghai A shares edged up to 161.0 billion yuan, a three-week high, from Monday's 156.1 billion yuan.