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1st LD-Writethru: Chinese shares slightly up with lukewarm trading

Xinhua, September 8, 2016 Adjust font size:

China's stocks advanced marginally on a very calm trading day Thursday as investors seemed hesitant to hedge their bets on the market.

The benchmark Shanghai Composite Index rose 0.13 percent to close at 3,095.95 points, the fifth day of growth.

The Shenzhen Component Index closed 0.12 percent higher at 10,851.19 points. The ChiNext Index, China's NASDAQ-style board of growth enterprises, grew 0.52 percent to close at 2,223.47 points.

Combined turnover on the two bourses declined from Wednesday's 560.7 billion yuan (about 84.16 billion U.S. dollars) to 449.1 billion yuan on Thursday.

The key Shanghai index swung just 0.42 percent from Wednesday's ending, marking the most stable day in nearly 14 years.

Newly-listed companies, cement producers and ceramics makers were the biggest gainers, while shares related to motorcycles, hospitality, and electronic devices declined the most. Endi