Markets

China's stocks rise to 7-month high on Wall Street rally

(Xinhua)
Updated: 2010-11-05 15:43
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BEIJING - China's stocks rose to a seven-month high Friday following a Wall Street rally.

The benchmark Shanghai Composite Index climbed 1.38 percent, or 42.56points, to close at 3,129.5.

The Shenzhen Component Index gained 1.01 percent, or 137.63 points, to finish at 13,733.36.

Combined turnover rose to 459.17 billion yuan ($66.5 billion) from 388.9 billion yuan the previous trading day.

US shares closed Thursday at their highest level since just before Lehman Brothers collapsed in 2008.