BEIJING, April 12 (Xinhua) -- The Shanghai Composite Index soared through the 3,500 mark on Thursday to close at 3,531.03, again gaining more than a full percent on the day's trading.

    The key stock indicator, which tracks both A- and B-shares, closed up 35.81 points on a turnover of 149.932 billion yuan.

    With Thursday's 1.02 percent rise the index has now jumped 6.1 percent over the last four trading days.

    The Component Index on the Shenzhen Stock Exchange also posted a record high -- up 211.01 points, or 2.16 percent -- to close at 9,964.78 points on a transaction volume at 85.96 billion yuan.

    The combined turnover for the two bourses was 235.892 billion yuan, 5.863 billion yuan less than the previous day's trading.

    The Shanghai stock exchange recorded 745 gainers while the Shenzhen exchange saw 520 gainers.

    The Shanghai index jumped 1.48 percent on Wednesday, 1.33 percent on Tuesday and 2.27 percent on Monday.

    Energy shares led the way Thursday. SP Power Development up 1.20 yuan or 9.96 percent and China Yangtze Power were up 0.59 yuan or 4.60 percent.

    Meanwhile, steel makers were under pressure from export tax rebates cut. Jinan Iron Steel down 0.62 yuan or 3.81 percent and Baoshan Iron Steel were down 0.07 yuan or 0.63 percent.

Related:

Shanghai Stocks break 3,500 points

    BEIJING, April 12 -- The benchmark Composite Index on the Shanghai Stock Exchange increased to 3,512.09 points at 11:30 a.m. on Thursday, up 0.48 percent from the previous close.

    The Component Index on the Shenzhen Stock Exchange increased to 9,852.93 points at 11:30 a.m. on Thursday, up 1.02 percent from the previous close.  Full story