Chinese stocks rise 1.2 percent

Posted by 7Star Tuesday, March 24, 2009

Chinas main stock index jumped 1.24 percent to a one-month high in heavy trade on Monday, led by property, non-ferrous metals and financial shares on signs that China may pursue additional stimulus spending. The Shanghai Composite Index rose for a sixth straight day, ending the morning at 2,309.398 points, just shy of its intraday high of 2,309.855.

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