Chinese shares close up 3.01% after previous day's slump
2008-06-20 07:37:54 GMT 2008-06-20 15:37:54 (Beijing Time) Xinhua English
|
|
BEIJING, June 20 (Xinhua) -- Chinese shares jumped 3.01 percent on Friday, after the government unexpectedly announced to lift fuel and electricity prices Thursday night.
The benchmark Shanghai Composite Index gained 3.01 percent, or 82.86 points to 2,831.74 points. The key index shed 6.54 percent on previous trading day.
The Shenzhen Component Index rose 2.32 percent to 9,373.69 points.
Combined turnover on the two bourses reached 113.81 billion yuan (16.26 billion U.S. dollars), expanding from 92.8 billion yuan on Thursday.
More News
- China steps up bio-gas pools
- China's insurance sector pays 327 mln yuan to quake-ravaged areas
- Chinese shares close up 3.01 percent
- Chinese shares close up 3.01% after previous day's slump
- China allocates 19.8 bln yuan in subsidies to offset fuel hikes
- Stiff grain export rules to remain
- Top policy bank to go commercial by June-end
- Vital energy deal with US signed
- Chinese shares surge 4.75 percent after fuel price hike
- Chinese shares jump 4.75% in morning session
- Gas, diesel cost more from today
- World Bank raises inflation projection for China
- Chinese shares down 1.6 percent in Friday morning
- Gas, disel cost more from today
- US stocks end higher as oil falls sharply