Money

China's stocks hit two-month high

(Xinhua)
Updated: 2010-07-29 16:28

BEIJING - Chinese shares continued to advance Thursday, sending the benchmark index to the highest level in two months, led by strong steel and cement makers.

Related readings:  China stocks rise on domestic outlook  China stocks close at 2-month high  China's stocks snap 6-day wins Tuesday  China's stocks post sixth consecutive gain

The benchmark Shanghai Composite Index rose 0.55 percent, or 14.46 points, to close at 2,648.12 points.

The Shenzhen Stock Index was up 0.13 percent, or 13.74 points, to 10,838.91 points.

Total turnover expanded to 235.35 billion yuan ($34.71 billion) from 223.3 billion yuan on the previous trading day.