Key index gains another 4.45%

SHANGHAI: Mainland stocks jumped a further 4.45 percent yesterday after last Thursday's rebound, as bargain hunters entered the market.

The benchmark Shanghai Composite Index surged 153.38 points to close at 3599.62, with 859 of 911 stocks closing higher. The Shenzhen Component Index soared 5.88 percent to close at 13396.61.

Turnover on the two bourses was 121.68 billion yuan, up 28 percent from Thursday. Market capitalization dropped 9.3 percent to 24.08 trillion yuan.