Market edges up led by oil shares

SHANGHAI: Following the 13.8 percent plunge last week, the mainland stock market yesterday recovered slightly, by 0.18 percent, led by oil companies.

The benchmark Shanghai Composite Index climbed 5.3 points to close at 2874.1, with 668 out of 912 stocks closing lower. The Shenzhen Component Index fell 1.12 percent to close at 9825.27.

The turnover on the two bourses amounted to 65 billion yuan, down 3.4 percent from last Friday. The total capitalization was 18.7 trillion yuan.