Chinese shares up

Posted by 7Star Friday, March 27, 2009

Chinese shares closed up 3.06 percent on Thursday as steel, metal and textile stocks regained ground after the government unveiled plans to increase export tax rebates, dealers said. The Shanghai Composite Index, which covers A and B shares, rose 70.15 points to 2,361.70 on turnover of 142.1 billion yuan (20.8 billion dollars).

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