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Chinese shares extend gains, pushing key index just above 2,000-point mark
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15:56, December 04, 2008

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Chinese equities extended gains on Thursday and pushed the key Shanghai index just over 2,000 points, which was led by heavyweight insurers, banks and oils.

The benchmark Shanghai Composite Index closed at 2,001.50 points, up 1.84 percent or 36.09 points. The smaller Shenzhen Component Index added 89.87 points, or 1.28 percent, to close at 7,130.93.

Losers outnumbered gainers by 454 to 383 in Shanghai and by 460to 254 in Shenzhen. Combined turnover was up to 179.94 billion yuan (26.3 billion U.S. dollars).

Source:Xinhua



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