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Chinese Shares Up 0.38%, Led by Cement, Machinery Shares

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Chinese equities rose for a second trading day in a row on Thursday, led by cement and machinery shares.

The benchmark Shanghai Composite Index closed at 2,477.57 points, up 9.38 points, or 0.38 percent. The Shenzhen Component Index rose 1.27 percent to 9,502.52 points, up 119.31 points.

Gainers outnumbered losers by 614 to 220 in Shanghai and 526 to177 in Shenzhen.

Combined turnover climbed to 194.14 billion yuan (US$28.45 billion) from 179.16 billion yuan on the previous trading day.

(Xinhua News Agency April 30, 2009)