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Chinese stocks close slightly higher

English.news.cn   2013-01-10 17:39:36            

BEIJING, Jan. 10 (Xinhua) -- Chinese stocks closed slightly higher on Thursday, led by the banking and real estate sectors.

The benchmark Shanghai Composite Index rose 0.37 percent, or 8.32 points, to end at 2,283.66. The Shenzhen Component Index gained 0.17 percent, or 15.18 points, to 9,170.06.

Combined turnover on the two bourses shrank to 191.71 billion yuan (30.53 billion U.S. dollars) from 211.2 billion yuan the previous trading day.

Gainers outnumbered losers by 545 to 352 in Shanghai and by 901 to 545 in Shenzhen.

Property developers led the gains, with the sector's sub-index climbing 1.26 percent from the previous trading day.

Poly Real Estate Group Co., the country's second-largest developer, rose 1.29 percent to 14.17 yuan per share, while another three real estate companies surged by the daily limit of 10 percent.

The Industrial and Commercial Bank of China (ICBC), the country's largest bank by market value, gained 1.93 percent to 4.23 yuan, while the Construction Bank of China rose 0.43 percent to 4.62 yuan.

Bucking the trend, coal miners were the weakest in daily trading, with the sub-index for the sector dropping 0.75 percent.

China Shenhua Energy Co., the largest coal miner in China, dropped 1.85 percent to 24.88 yuan per share, while Yanzhou Coal Mining Co. declined 1.42 percent to 18.09 yuan.

Editor: Zhu Ningzhu
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