Markets

China stocks close higher Friday

(Xinhua)
Updated: 2010-08-27 16:49
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BEIJING - Chinese stocks kept Thursday's upward move to close higher Friday, buoyed by the strong performance of oil giants and Xinjiang-related shares.

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The benchmark Shanghai Composite Index closed at 2,610.74, up 7.26 points, or 0.28 percent.

The Shenzhen Component Index increased 25.24 points, or 0.23 percent, to end at 11,034.73.

Combined turnover shrank to 155.5 billion yuan ($22.87 billion) from 168 billion yuan on the previous trading day.

Gainers outnumbered losers by 497 to 346 in Shanghai and 665 to 330 in Shenzhen.