China stocks extend rally to 2-1/2 month high
05 November 2015, Nirapad News: China’s stocks rallied to two-and-a-half-month highs on Thursday, led by securities brokerages and banks after benchmark indexes posted their best day in seven weeks in the previous session. The CSI300 index rose 3.2 per cent to 3,744.61 points at the end of the morning session, while the Shanghai Composite Index gained 2.7 per cent, to 3,552.76 points. Among the securities brokerages to hit a daily upward limit of 10 per cent were Industrial Securities, SW Securities, Everbright, Huatai Security and Soochow Securities. The banking and energy indexes both surged 3.2 per cent. The telecommunication services index soared more than 5 per cent. The infrastructure index and the industry index both jumped more than 4 per cent. The transportation sector advanced nearly 4 per cent.