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Shares up 1.17% driven by real estate companies

Published: 14 Oct 2009 09:02:01 PST

Chinese equities went up 1.17 percent Wednesday, driven by real estate firms.

The benchmark Shanghai Composite Index rose 34.34 points, or 1.17 percent, to end at 2,970.53. The Shenzhen Component Index increased 101.01 points, or 0.85 percent to close at 11,975.91.

Combined turnover expanded to 216.93 billion yuan ($31.76 billion) from 138.52 billion yuan ($20.29 billion) on the previous trading day.

Real estate and construction firms were Wednesday's top performers. China Vanke gained 3.82 percent to 11.42 yuan ($1.67). Gemdale was up 5.77 percent. China State Construction Engineering was 10 percent higher.

Agencies

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Source: Global Times
Global Times

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