Markets
China's stocks end 2.88% higher Monday on economic data
(Xinhua)
Updated: 2010-12-13 15:40
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BEIJING - China's stocks rose 2.88 percent Monday, with the benchmark Shanghai Composite Index ending at 2,922.95, as Saturday's economic data indicated a stable economic growth.
The Shenzhen Component Index gained 3.57 percent, or 444.56 points, to end at 12,905.02.
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China's decision makers wrapped up Sunday an annual economic planning meeting, vowing to enhance and improve macro-economic regulation to ensure stable and healthy economic development next year.
Total turnover expanded to 290.74 billion yuan ($43.65 billion) from 186.98 billion yuan on the previous trading day.
Winners outnumbered losers by 885 to 7 in Shanghai and 1,118 to 9 in Shenzhen.