Shanghai stocks end at two-week high, as materials sector leads gains
By Reuters and Bloomberg | China Daily | Updated: 2017-01-24 07:34
Mainland's main share index ended at a two-week high on Monday, but pared some of its earlier gains in thin turnover as investors were reluctant to stake out fresh positions ahead of the country's biggest holiday.
Most sectors were largely unchanged but gains were led by the materials sector, underpinned by a broadly weaker US dollar.
The Shanghai Composite Index gained 0.4 percent to 3,136.77 points while the blue-chip CSI300 index rose 0.3 percent, to 3,364.08 points.
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