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Chinese shares rise, led by financial and real estate stocks

(Xinhua)
Updated: 2009-05-25 16:34

Chinese shares rebounded from an earlier loss and edged up 0.48 percent Monday, led by financial and real estate sectors.

Related readings:  Chinese share up 0.38%, led by cement, machinery shares  CMB to raise funds via bond, share sales  China regulates SOE share transfers

The benchmark Shanghai Composite Index rose 0.48 percent, or 12.41 points to close at 2610.01. The Shenzhen Component Index was up 1.09 percent, or 109.53 points, to 10,182.16.

Combined turnover rose to 181.93 billion yuan ($26.64 billion) from 152.02 billion yuan the previous trading day.

Losers led gainers by 534 to 372 in Shanghai and 427 to 332 in Shenzhen.