Insurance News
- Shares up as B shares rebound
Date: 28-May-2007 Sources: (Shenzhen Daily)
A STRONG recovery in B shares after their slump in the previous session and gains in firms linked to brokerages pushed China's benchmark index to a record close Friday.
The benchmark Shanghai Composite Index, which tracks both A and B shares, ended up 0.7 percent at 4179.78, its highest ever settlement level. The index has risen 56 percent since the start of this year, after more than doubling during 2006. The Shenzhen Composite Index rose 1.6 percent Friday to 1235, also a record close.
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