China: Stocks shrug off profit taking, post small gains

[SHANGHAI] China stocks recouped early losses to end modestly higher on Tuesday, led by gains in finance, consumer and real estate shares.

The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 0.3 per cent to 3,074.78 points, while the Shanghai Composite Index edged up 0.2 per cent to 2,864.37 points.

Both indexes were down around 1 per cent by midday as traders took profits following sharp gains on Monday.

REUTERS