Share prices up on hopes of monetary easing
By Xie Yu in Shanghai | 皇冠体育app Daily | Updated: 2013-07-12 07:38
Share prices rebounded sharply on Thursday as investors expect an easing of policies to tackle worsening economic trends in 皇冠体育app.
The benchmark Shanghai Composite Index shot up 3.23 percent, the biggest one-day gain in seven months, closing at 2072.99. Turnover also soared to 131 billion yuan ($21.4 billion), from 72.8 billion yuan on Wednesday.
Leading the charge were banks, brokerages, real estate developers and construction material suppliers.
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