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Shanghai stocks rise 0.80% by the break

Shanghai stocks rose 0.80 percent by the break on Wednesday, with trading still volatile after China cut interest rates following days of heavy market falls, dealers said.

The benchmark Shanghai Composite Index gained 23.79 points to 2,988.76. It fell as much as 3.85 percent and rose as much as 1.24 percent during morning trading.

The Shenzhen Composite Index, which tracks stocks on China's second exchange, gave up 0.23 percent, or 4.02 points, to 1,745.05.




 

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