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China ends week down 8 percent, FTSE rallies

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China ends week down 8 percent, FTSE rallies

Chinese shares ended the week almost 8% lower, after a week of market volatility.

The Shanghai Composite closed up 4.8% at 3,232 points, with the Shenzhen Composite, closing up 5.4% to 1,846 points, but ended the week 9.4% lower.

The FTSE 100 steadied this morning after a week of heavy losses. Miners led the recovery, with BHP Billiton, Shell and Glencore up around 3 percent.