Markets

China's stocks gain after falling two consecutive days

(Xinhua)
Updated: 2010-05-21 16:14

Chinese equities rebounded slightly Friday after falling for two consecutive trading days, thanks to gains in property and Xinjiang-related shares.

Related readings:  European debt woes push China stocks to three-week low  China's stocks fall Thursday  Buy China stocks in second half: CLSA  China's stocks rebound 1.36% Tuesday

The benchmark Shanghai Composite Index gained 1.08 percent to close at 2,583.52 points.

The Shenzhen Component Index rose 2.65 percent to 10,209.07 points at the close.

Total turnover expanded to 156.19 billion yuan ($22.87 billion) from 130.96 billion yuan on the previous trading day.

Gainers outnumbered losers by 725 to 123 in Shanghai and 800 to 101 in Shenzhen.