China: Stocks close 0.88% higher
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[SHANGHAI] Chinese shares ended higher on Monday as market sentiment continued to benefit from earlier government measures to stop a month-long rout, dealers said.
The benchmark Shanghai Composite Index added 0.88 per cent, or 34.76 points, to 3,992.11 on turnover of 688.3 billion yuan (S$151.88 billion). The index rose as much as 1.62 per cent during the day, passing above the symbolic 4,000-point level before trimming gains.
The Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 1.82 per cent, or 39.87 points, to 2,230.29 on turnover of 631.8 billion yuan.
AFP
Share with us your feedback on BT's products and services
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Amazon’s MGM Studios gains creative control over ‘James Bond’ franchise
UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates
In taxing wealth, how far can Singapore push property owners?
