Markets

Chinese stocks climb 2.11% Monday

(Xinhua)
Updated: 2010-08-16 16:27

BEIJING - Chinese shares posted widespread gains with the benchmark index up 2.11 percent on Monday, the biggest advance this month, pushed up by coal producers.

Related readings:  Chinese stocks rebound more than 1.2% Friday  Chinese shares rise on economic data release - Aug 11  Chinese shares drop on economic slowdown fears - Aug 10  Agriculture producers drive up Chinese shares - Aug 9

The benchmark Shanghai Composite Index closed at 2,661.71 points, up 55.01 points.

The Shenzhen Component Index ended at 11,164.79 points, up 278.22 points, or 2.56 percent.

Turnover sharply expanded to 244.8 billion yuan ($36.03 billion) from 175.55 billion yuan on the previous trading day.

Gainers outnumbered losers by 862 to 6 in Shanghai and 986 to 21 in Shenzhen.