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SCI over 2400 to complete five-day bull run

Updated: 2013-02-02 08:26
By Huang Tiantian ( China Daily)

SCI over 2400 to complete five-day bull run

The Shanghai Composite Index exceeded the 2,400 level for the first time in nine months after rising for five consecutive days, gaining 1.41 percent to 2,419.02 points on Friday.

The index has risen by about 23 percent from early December, when it was at a three-year low of 1,949. It rose 4.76 percent on average in January, on signs that economic growth is accelerating.

Also on Friday, the Shenzhen Component Index increased 1.58 percent, while the Hang Seng China Enterprises Index of mainland companies traded in Hong Kong rose 0.7 percent.

SCI over 2400 to complete five-day bull run

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