China stock index broaches 2,300 level
The Shanghai Composite finished 1 percent higher at 2,319.12 on Friday, closing above 2,300 for the first time since Dec. 9.
Mainland markets will remain shut all of this week while Hong Kong will be closed from Monday through Wednesday.
For the entire week, the Shanghai Composite rose 3.32 percent and the Shenzhen Component climbed 4.82 percent.
Financials also traded higher, with Shenzhen Development Bank (000001, 16.78, +6.33%), New China Life Insurance (601336, 31.89, +5.56%), Bank of Nanjing (601009, 9.92, +4.09%), Bank of China (601988, 3.03, +0.66%), Agricultural Bank of China (601288, 2.72, +0.74%) and China Construction Bank (601939, 4.88, +0.619%) all gaining.
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2012-01-28
