Chinese shares hit new high

(chinadaily.com.cn)
Updated: 2007-03-22 15:12

The benchmark Shanghai Composite Index, a major index of Chinese shares, closed up 0.45 percent at 3,071.23 points, an all-time closing high, extending a record high of 3,057.38 in the previous session.

The index, which covers both yuan-denominated A-shares and foreign currency B-shares, opened higher at 3,080.60 points and hit an all-time high of 3,099.82 points but plunged to 3071.23 points when closing.

Turnover on the Shanghai Stock Exchange amounted to 112.65 billion yuan (US$14.57 billion).

Graphical chart of Composite Index on the Shanghai Stock Exchange. [stockstar.com]
The Shenzhen Component Index, which covers the smaller one, climbed 0.41 percent to close at 8,434.83 points.

Graphical chart of the Component Index on the Shenzhen Stock Exchange. [stockstar.com]

(For more biz stories, please visit Industry Updates)