Chinese shares close 1.32% higher on rallied confidence

2008-07-28 07:40:59 GMT       2008-07-28 15:40:59 (Beijing Time)       Xinhua English

BEIJING, July 28 (Xinhua) -- Chinese shares ended 1.32 percent higher on Monday, led by a rallied confidence from investors.

The benchmark Shanghai Composite Index rose 1.32 percent or 37.91 points, finishing at 2,903.01 points. The Shenzhen Component Index closed at 9,974.14 points, up 0.51 percent, or 50.98 points.

Combined turnover increased to 99.9 billion yuan (about 14.5 billion U.S. dollars) from 98.33 billion yuan over the previous close.

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