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China stocks gain 1.08% on oil shares rebound
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15:43, October 17, 2008

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China's stocks rose first time in four days led by oil shares rebound and Wall Street rally on Friday.

The benchmark Shanghai Composite Index gained 1.08 percent to end at 1,930.65 points following a powerful rebound of PetroChina and Sinopec. The Shenzhen Component Index closed at 6,209.51 points, up 0.7 percent.

Aggregate turnover fell to 38.21 billion yuan (5.62 billion U.S. dollars) from previous day's 51.32 billion yuan.

Source:Xinhua



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