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Article: China : Chinese shares rise for fourth day, driven by metal stocks.
- Article from:
- TendersInfo
- Article date:
- September 5, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: sanjayV03
Chinese equities edged up on Friday, rising for the fourth trading day, led by metal stocks after prices increased on the global market.
The benchmark Shanghai Composite Index rose 0.58 percent, or 16.59 points, to finish at 2,861.61.
The Shenzhen Component Index advanced 1.01 percent, or 115.63 points, to end at 11,519.68. Combined turnover increased to 219.46 billion yuan (32.13 billion U.S. dollars) from 213.54 billion yuan on the previous trading day. Gainers outnumbered losers by 724 to 127 in Shanghai and 628 to104 in Shenzhen. Metal shares gained after gold prices climbed to 997.20 U.S. dollars an ounce, the highest ...