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Error sinks brokerage equities

By Xie Yu in Shanghai | China Daily | Updated: 2013-08-20 07:49

The mainland's stock market rose moderately on Monday, with brokerages falling after a trading error at Everbright Securities Co Ltd last Friday caused market gyrations.

Communications-related shares rallied as the government vowed to expand the country's broadband network.

The benchmark Shanghai Composite Index rose 0.8 percent to 2,085.60 points. Turnover reached 81.5 billion yuan ($13.3 billion), down from 123.1 billion yuan on Friday.

Error sinks brokerage equities

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