Markets

China's stocks rally, led by commodity,consumer companies

(Xinhua)
Updated: 2010-08-30 16:38

BEIJING - Chinese shares advanced the most in two weeks on Monday, led by the strong performance of commodity and consumer stocks.

Related readings:  China stocks close higher Friday  China stocks close slightly higher  China's stocks close down 2%  China's stocks open lower - Aug 24

The benchmark Shanghai Composite Index closed at 2,652.66, up 41.92 points, or 1.61 percent.

The Shenzhen Component Index increased 268.59 points, or 2.43 percent, to end at 11,303.33.

Combined turnover expanded to 238.21 billion yuan ($35.02 billion) from 155.5 billion yuan on the previous trading day.

Gainers outnumbered losers by 851 to 18 in Shanghai and 1013 to 18 in Shenzhen.