China share index opens slightly higher
Published: 13 Sep 2009 17:31:06 PSTSHANGHAI, Sept 14 - China's key stock index opened 0.04 percent higher on Monday with sentiment partly weighed down by concerns over upcoming share supply from newly listed issues and China's trade dispute with the United States.
Dealers said funds unfrozen for Metallurgical Corp of China's (MCC) share applications since Friday, however, may flow back into equities and help prop up the market.
The Shanghai Composite Index opened at 2,990.933 points after rising 2.22 percent on Friday buoyed by strong August economic data which signalled the country's recovery was well on track.
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