Equities rebound, led by commodities

SHANGHAI: China's benchmark stock index rebounded from a seven-week low, led by commodity and brokerage shares, on speculation that the nation's economic growth next year will spur demand for raw materials and boost trading.

"The recovery is strong and the economy is very attractive," said Hugh Simon, co-manager of the $1.1 billion Dreyfus Greater China Fund.

The Shanghai Composite Index added 23.26, or 0.76 percent, to 3073.78 at the close, after changing direction at least 10 times. The CSI 300 Index climbed 0.94 percent to 3336.48.