Shanghai Stocks End 5.71% Higher On Rising Optimism

Umer Jamshaid Published July 06, 2020 | 01:08 PM

Shanghai stocks end 5.71% higher on rising optimism

Shanghai stocks closed 5.71 percent higher on Monday as investors piled in following a combination of rosy predictions for the market and strong economic data

Shanghai, (UrduPoint / Pakistan Point News - 6th Jul, 2020 ) :Shanghai stocks closed 5.71 percent higher on Monday as investors piled in following a combination of rosy predictions for the market and strong economic data.

The benchmark Shanghai Composite Index gained 180.

07 points to close at 3,332.88, its highest closing level in more than two years.

The Shenzhen Composite Index, which tracks shares on China's second exchange, gained 3.90 percent, or 79.70 points, to 2,121.59.

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