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Chinese Equities Edge up 0.54%, Led by Real Estate

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Chinese equities ended Tuesday's session slightly up by 0.54 percent, bolstered by a strong rebound in real estate shares in the afternoon.

The benchmark Shanghai Composite Index finished the day at 2,527.18 points, up 13.48 points from the previous closing. The index has gained nearly 8 percent since Wednesday, advancing for four consecutive trading days.

The Shenzhen Component Index went up 1.45 percent, or 138.38 points to close at 9678.18.

Gains outnumbered losses by 569 to 278 in Shanghai and 560 to 172 in Shenzhen.

Combined turnover shrank to 252.32 billion yuan (US$37.1 billion) from 280.46 billion yuan the previous trading day.

(Xinhua News Agency April 14, 2009)