Subdued outlook prunes gains after shares fluctuate

Benchmark sees slight rise in lackluster trading amid growth concerns

Equities recovered slightly in lackluster trade on Thursday amid concerns about the ongoing weakness in manufacturing and disappointing third-quarter results from the financial sector.

The benchmark Shanghai Composite Index rose 0.36 percent to close at 3,387.32 points. The SCI has been fluctuating around the 3,400 mark for four consecutive trading sessions, with share prices of weighted stocks in the banking, steel and manufacturing sectors seeing wild fluctuations, said a research note from Minsheng Securities Co Ltd.