Shanghai: Stocks up more than 3% in early trade

[SHANGHAI] China's main Shanghai stock index jumped more than three per cent in morning trade on Friday, as sentiment turned for the better on government moves to boost the market, dealers said.

The Shanghai Composite Index jumped 3.07 per cent, or 113.92 points, to 3,823.25 while the Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 3.59 per cent, or 70.18 points, to 2,025.53.

AFP