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Chinese shares close higher Friday

Xinhua, June 3, 2016 Adjust font size:

Chinese stocks posted the biggest weekly gain in two and a half months this week, rising 4.2 percent.

The benchmark Shanghai Composite Index increased 0.46 percent to a one month high of 2938.68 points. The smaller Shenzhen index closed 0.69 percent higher at 10,344.91 points.

The ChiNext Index, which tracks China's NASDAQ-style board of growth enterprises, gained 0.75 percent to close at 2,204.97 points. Endi