Stock markets close mixed after weak industrial data

Stock markets on the Chinese mainland showed a mixed performance on Monday amid concerns over the country's slowdown in industrial output growth in August.

The Shanghai Composite Index rose by 0.31 percent or 7.19 points to 2,339.14 points on Monday. The Shenzhen Component Index fell by 0.42 percent or 34.35 points to 8,112.65 points.

Combined turnover on the two bourses on Monday was 408.16 billion yuan ($66.44 billion), up from Friday's 349.92 billion yuan.

The National Bureau of Statistics on Saturday said the country's industrial value-added output grew by 6.9 percent in August from a year ago, down from a 9 percent growth in July, and the slowest since December 2012.

On Monday, transportation, IT, aviation, machinery and chemical companies led the gains while insurers, banks, liquor makers and oil companies dragged down the markets.

Shares linked to aviation gained strongly after media last week reported that a government air traffic control body will have a meeting in October to discuss reform of low-altitude airspace management. CITIC Offshore Helicopter Co soared by the daily limit of 10 percent to 11.85 yuan.

Meanwhile, all four listed insurers saw a decline on Monday. Agricultural Bank of China shed 0.80 percent to 2.48 yuan.

ChiNext, China's NASDAQ-style board for high-tech and start-ups listed in Shenzhen, added 0.13 percent or 2.01 points to 1,526.14 points.