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Institutional investors become major stock market force
Stocks hit 9-month high on rebound hopes
Hong Kong stocks up 0.3% on Tuesday
Chinese shares rise slightly on Tuesday

Chinese shares edge up 0.98%, rising for fifth day

(Xinhua)
Updated: 2009-05-06 15:49

Chinese equities edged up by 0.98 percent Wednesday, rising for a fifth trading day in a row, led by banks and coal producers.

The benchmark Shanghai Composite Index finished the day at 2,592.52 points, up 25.18 points. The Shenzhen Component Index advanced 2.02 percent, or 201.26 points, to 10,149.07.

Gainers outnumbered losers by 650 to 194 in Shanghai and 562 to 156 in Shenzhen.

Combined turnover is 236.2 billion yuan ($34.74 billion), slightly higher than the previous trading day.

(For more biz stories, please visit Industries)