Real estate, Olympics shares drive China equities 2.99% higher

2008-07-21 08:19:32 GMT       2008-07-21 16:19:32 (Beijing Time)       Xinhua English

BEIJING, July 21 (Xinhua) -- Chinese shares gained 2.99 percent on Monday, continuing the upward trend of the previous trading day, boosted by real estate and Olympics-related sectors.

The benchmark Shanghai Composite Index was up 2.99 percent, or 83.05points to end at 2,861.42 points. The Shenzhen Component Index closed at 9,870.99 points, up 282.59 points.

Aggregate turnover on the two bourses rose from 89 billion yuan (13.05 billion U.S. dollars) of the previous trading day to 105.57billion yuan on Monday.

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