China stocks close higher

post biggest monthly loss since global crises

29/01/2016 11:36 AST

China stocks rose more than 3 percent on Friday, recovering losses at the end of a tumultuous week, having recorded their worst month since the global financial crisis.

The CSI300 index of the largest listed companies in Shanghai and Shenzhen ended up 3.2 percent, to 2,946.09, while the Shanghai Composite Index gained 3.1 percent, to 2,737.60 points.

Both indexes tumbled over 20 percent in January, their biggest monthly loss since the 2008-09 global financial crisis.

For the week, CSI300 was down 5.4 percent, while SSEC lost 6.1 percent.


Reuters

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Ticker Price Volume
SABIC 114.77 5,915,941
SAMBA 26.98 1,138,683

Global Major Indices

Index Closing Change
NIKKEI 225 21,292.29 -96.29 (-0.45%)
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