Share prices on China's Shanghai and Shenzhen bourses corrected and finally closed moderately higher amid shrinking turnover on Tuesday with small cap stocks outperforming heavyweights.
For the whole day, the benchmark Shanghai Composite Index edged up 0.16 percent to end at 3,616.11 points. The Shenzhen Composite Index jumped 1.39 percent to end at 2,300.09 points.
The index for small firms went up 0.95 percent to end at 8,613.72 and the ChiNext Index surged 1.64 percent to end at 2,816.05. Combined turnover of the two bourses shrank to 858.6 billion yuan from 1.07 trillion yuan from on the previous trading day.
Stocks of semiconductor, logistics, internet, software, agricultural, machinery, securities brokerage, chemical and medical care sectors led the gainers while those in banking, public transport, transport facilities and papermaking sectors led the losers.
On the stock index futures market, the IF December contract went up 0.79 percent to end at 3,655.6, keeping a discount of 98.29 points to the underlying Hushen 300 Index, which edged up 0.01 percent to end at 3,753.89.
The SSE 50 December contract fell 0.23 percent to end at 2,405.0, keeping a discount of 42.9 points to the underlying SSE 50 Index, which edged down 0.36 percent to close at 2,447.90.
The CSI November contract added 1.39 percent to end at 7,471.0, keeping a discount of 327.5 points to the underlying CSI 500 stock index, which went up 0.7 percent to end at 7,798.5.
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