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China: Stocks pause after 6-day rally

Thursday, March 19, 2015 - 15:54

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Chinese stocks took a break from a six-day rally on Thursday, when most Asian stock markets had solid gains after the Federal Reserve indicated it won't start raising US interest rates for some time.

[SHANGHAI] Chinese stocks took a break from a six-day rally on Thursday, when most Asian stock markets had solid gains after the Federal Reserve indicated it won't start raising US interest rates for some time.

The China market, which is largely insulated from global capital markets due to tight capital controls, gave muted response to the Fed's remarks.

The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 0.2 per cent, to 3,839.74, while the Shanghai Composite Index gained 0.2 per cent, to 3,582.27 points.

Total volume of A shares traded in Shanghai was 53.6 billion shares, while Shenzhen volume was 31.1 billion shares.

REUTERS

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