SHANGHAI (XFN-ASIA) - A-shares in Shanghai and Shenzhen shrugged off early weakness and closed higher on strong fund inflows with property and metal stocks gaining ground, dealers said.
About 90 companies rose by their daily limits of 10 pct.
The benchmark Shanghai Composite Index, which covers both A- and B-shares listed on the Shanghai Stock Exchange, closed up 15.43 points, or 0.43 pct, at a record 3,611.87, after moving between 3,510.50 and 3,622.89.
Turnover rose to a record 176.11 bln yuan, from 145.54 bln in the previous session.
The Shanghai A-share Index was up 15.76 points or 0.42 pct at 3,796.37 on turnover of 174.96 bln yuan and the Shenzhen A-share Index was up 17.01 points or 1.67 pct at a record 1,036.99, on turnover of 98.77 bln yuan.
The FTSE/Xinhua China A 50 Index was down 86.49 points at 12,707.63. The FTSE/Xinhua China A 200 Index was up 33.62 points at 9,329.42 and the FTSE/Xinhua China A 600 Index was up 94.90 points at 8,336.62.
(1 usd = 7.73 yuan)
lake.xu@xinhuafinance.com