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Markets

Chinese shares rise on Feb 12

(Xinhua)
Updated: 2010-02-12 16:27
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Chinese equities rose Friday as the central bank repeated its stance to continue implementing the moderately easy monetary policy, easing concerns about a tightening policy.

Related readings:
Chinese shares rise on Feb 12 Chinese shares inch up on lower inflation data
Chinese shares rise on Feb 12 Chinese shares gain on eased concern about tightening policy
Chinese shares rise on Feb 12 Chinese shares gain for first time in four days
Chinese shares rise on Feb 12 Chinese shares further down on Monday

The benchmark Shanghai Composite Index gained 1.09 percent, or 32.63 points, to 3,018.13 points. The Shenzhen Component Index gained 0.66 percent, or 80.18 points, to 12,304.78 points.

Combined turnover increased to 114.07 billion yuan ($16.7 billion) from 112.52 billion yuan on the previous trading day.

Gainers outnumbered losers by 794 to 79 in Shanghai and 804 to 72 in Shenzhen.