Off the wire
• Mainland to resolutely forestall separatist action: statement  • Foreign exchange rates in India  • (Recast) Environmentalist lauds China's efforts in reforestation program  • URGENT: Tsai's speech on cross-Straits ties offers "an incomplete answer sheet:" mainland official  • Migration to New Zealand continues record growth  • News Analysis: Obama's visit to Vietnam more about prying, less about partnership  • Roundup: Syrian army takes control of strategic areas in Eastern Ghouta  • China treasury bond futures higher Friday  • China Hushen 300 index futures close higher Friday  • Russia's Far East city holds tourism expo to attract Asia-Pacific visitors  
You are here: 　 Home

1st LD-Writethru: Chinese shares close higher Friday

Xinhua, May 20, 2016 Adjust font size:

Chinese stocks closed higher on Friday, led by military enterprises.

The benchmark Shanghai Composite Index rose 0.66 percent to end at 2,825.48 points. The smaller Shenzhen index closed 0.85 percent higher at 9,816.75 points.

The ChiNext Index, which tracks China's NASDAQ-style board of growth enterprises, gained 1.37 percent to close at 2,065.30 points.

Turnover fell to 365.9 billion yuan (55.86 billion U.S. dollars), compared with 376 billion yuan the previous trading day.

Military enterprises led the rises. Beijing BDStar Navigation Co. jumped 7.58 percent to finish at 28.23 yuan.

Quantum communication stocks closed generally higher, as an international exhibition on battery technology is going to be held in Shenzhen on Tuesday. Tianjin Benefo Tejing Electric Co. rose by the 10-percent daily limit to end at 13.88 yuan. Endi