Thursday, 23 July 2015 12:52
SHANGHAI: Shanghai stocks rose 2.43 percent Thursday, a sixth-straight gain, following government moves earlier this month to prevent a meltdown after the market slumped more than 30 percent in less than four weeks.
The Shanghai Composite Index jumped 97.87 points to 4,123.92 on turnover of 743.5 billion yuan ($ 121.5 billion).
The Shenzhen Composite Index, which tracks stocks on China’s second exchange, added 2.83 percent, or 64.67 points, to 2,352.65 on turnover of 654.5 billion yuan.