1st LD-Writethru: Chinese shares continue to rally
Xinhua,January 09, 2018 Adjust font size:
BEIJING, Jan. 9 (Xinhua) -- China's major stock indices rose for an eighth consecutive trading day Tuesday, led by strong performance in the liquor-making sector.
The benchmark Shanghai Composite Index was up 0.13 percent to end at 3,413.90 points. The Shenzhen Component Index closed 0.57 percent higher at 11,447.09 points.
Combined turnover on the two bourses stood at 482.5 billion yuan (74.2 billion U.S. dollars), down from 558.6 billion yuan the previous trading day.
More than 1,000 shares gained on the two bourses with the sector for liquor production rising 3.01 percent.
Share prices of liquor maker Kweichow Moutai hit a new high and closed 4.04 percent higher at 782.52 yuan per share.
The real estate sector was also among the biggest winners, as recently released sales data for 2017 boosted investor confidence.
Wolong Real Estate Group rose 6.64 percent to close at 6.75 yuan per share.
The ChiNext Index, China's NASDAQ-style board of growth enterprises, lost 0.14 percent to close at 1,803.59 points. Enditem