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Chinese stocks advance on Thursday
 
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Chinese stocks advance on Thursday
BEIJING, June 30 (Xinhua) -- Chinese shares climbed on Thursday, clawing back Wednesday's losses, led by strong performances of coal producers and metal shares.The benchmark Shanghai Composite Index rose 1.23 percent , or 33.59 points, to close at 2 ,762.08. The Shenzhen Component Index gained 1.66 percent, or 197.73 points , to end at 12 ,110.93.Combined turnover rose to 181.7 billion yuan (27.95 billion U.S. dollars) from 171.8 billion yuan from Wednesday.Gainers outnumbered losers by 847 to 53 in Shanghai and 1,110 to 122 in Shenzhen.During the first half of the year, the key Shanghai index reached its peak of 3,067.46 on April 18 and then fell to as low as 2,610.99 on June 20 over concerns that the country's tightening measures to ease inflationary pressures would weigh on economic growth.On Thursday , the coal producer sector outperformed the broad market with a daily increase of 2.06 percent. China Shenhua, the country's largest coal producer, gained 2.73 percent to 30.14 yuan.Insurance firm shares rose, with the shares of China Pacific Insurance up 4.63 percent to 22.39 yuan. Shares of Ping An Insurance climbed 3.3 percent to 48.27 yuan.Rare earth producers also increased, boosted by news that the Inner Mongolia Baotou Steel Rare-earth (Group) High-tech Co. (IMBREHT), China's leading rare earth producer , has signed a cooperation deal with the Rising Nonferrous Metals Share Co.IMBREHT stocks rose 0.73 percent to 71.43 yuan. Shares of Rising Nonferrous Metals were up 0.82 percent to 72.92 yuan.
mezl10sx 28.11.2011 0 253
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28.11.2011 (4944 days ago)
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