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Chinese Equities Gain 1.47%, Passing 2,400 Mark

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Chinese equities closed 1.47 percent higher on Tuesday to stand at 2,408.02 points, surpassing the 2,400 points mark, echoing the overnight Wall Street rebound.

The Shanghai Composite Index gained 34.81 points, or 1.47 percent to 2,408.02. The Shenzhen Component Index rose 174.06 points, or 1.94 percent to 9,156.01.

Gains outnumbered losses by 675 to 183 in Shanghai and 599 to 140 in Shenzhen.

Combined turnover expanded to 250.67 billion yuan (US$29.26 billion) from 200.03 billion yuan on the previous trading day.

(Xinhua News Agency April 1, 2009)