China stocks rise 1.7 pct to 13-mth closing high

Published: 01 Jul 2009 23:27:57 PST

SHANGHAI, July 2 - Chinese stocks rose 1.73 percent to a fresh 13-month closing high in heavy trade on Thursday, with energy and metal shares strong as investors gained confidence in the recovery in the world's third-largest economy.

The Shanghai Composite Index ended at 3,060.254 points.

Gaining Shanghai A shares outnumbered losers by 612 to 298, while turnover in Shanghai A shares rose to a three-month high of 180.6 billion yuan ($26.4 billion) from Wednesday's 153.2 billion yuan. ($1=6.83 Yuan)