Chinese Shares Hit Nne-Month High as Government Promises to Support Key Industries-Shanghai Metals Market

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Chinese Shares Hit Nne-Month High as Government Promises to Support Key Industries

Data Analysis 09:29:41AM Feb 26, 2010 Source:SMM

BEIJING, Feb. 26 -- Chinese shares rallied for the second day on Thursday, pushing up the benchmark index to a one-month high, after the State Council said Wednesday it would step up efforts to adjust and reinvigorate some of the country's key industries.

The Shanghai Composite Index gained 1.27 percent, or 38.44 points, to close at 3,060.62 points.

The Shenzhen Component Index picked up 1.73 percent, or 212.18 points, to finish at 12,494.27 points.

 

 

Chinese Shares Hit Nne-Month High as Government Promises to Support Key Industries

Data Analysis 09:29:41AM Feb 26, 2010 Source:SMM

BEIJING, Feb. 26 -- Chinese shares rallied for the second day on Thursday, pushing up the benchmark index to a one-month high, after the State Council said Wednesday it would step up efforts to adjust and reinvigorate some of the country's key industries.

The Shanghai Composite Index gained 1.27 percent, or 38.44 points, to close at 3,060.62 points.

The Shenzhen Component Index picked up 1.73 percent, or 212.18 points, to finish at 12,494.27 points.