Chinese shares surge over 4 pct, led by banks and oils
3/12/2008 17:35
Chinese equities staged a big rally today, with the key Shanghai index
rising over four percent, which was led by gains of heavyweight banks and
oils.
The benchmark Shanghai Composite Index closed at 1965.41 points, up
4.01 percent or 75.78 points. The smaller Shenzhen Component Index added 245.26
points, or 3.61 percent, to close at 7041.07 points.
Gainers outnumbered
losers by 860 to 6 in Shanghai and by 739 to 3 in Shenzhen. Combined turnover
was up to 132.78 billion yuan (US$19.4 billion).
Xinhua
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