BEIJING,
Sept. 14 (Xinhua) -- Chinese stocks closed slightly higher for a third straight
day on Friday led by steel and cement.
The benchmark Shanghai Composite Index on the major
Shanghai Stock Exchange rose 0.73 percent, or 38.59 points to end at 5,312.18.
The Shenzhen Component Index on the smaller Shenzhen Stock Exchange rose 1.42
percent, or 561.1 points to close at 17,959.51.
Steel makers performed well with the Baosteel Group
rising 6.39percent to close at 19.8 yuan and Hansteel Group up 2.57 percent to
end at 8.78 yuan.
Both Hubei-based Huaxin Cement and Anhui-based Conch
Cement rose to the 10-percent daily limit.
Combined turnover of the two bourses stood at 233.4
billion yuan (30.7 billion U.S. dollars), compared to 216.8 billion yuan on
Thursday.