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Shanghai: Stocks surge at open on Monday

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Published Mon, Jul 1, 2019 · 01:57 AM

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    [SHANGHAI] Shares in China rallied at the open on Monday as investors cheered the agreement between Donald Trump and Xi Jinping to restart trade talks.

    The benchmark Shanghai Composite Index climbed 1.54 per cent, or 45.74 points, to 3,024.62, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, jumped 2.08 per cent, or 32.43 points, to 1,594.85.

    Hong Kong was closed for a public holiday.

    AFP

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