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Medical counters help Shanghai index move higher
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SHANGHAI stocks rose 0.39 percent to 2,235.44 points by midday trading break. Shares in the medical equipment and vaccine sectors paced the gain.
On August 16, a national-level meeting was held to promote domestic medical equipment, in which more than 20 domestic companies took part. The market got a boost from the action.
Shinva Medical Instrument gained 4.19 percent to 35.29 yuan (US$5.69), while Top Choice Medical Investment added 1.06 percent to 46.68 yuan.
The increasing threat of the Ebola virus helped an upward trend in vaccine-related shares.
Shandong Lukang Pharmaceutical rose 3.82 percent to 6.79 yuan, while Jiangsu Lianhuan Pharmaceutical was up 3.66 percent to 14.45 yuan.
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