Markets

China shares end at fresh 1-1/2-month high

Published Updated

The Shanghai Composite Index ended at 2,508.1 points, after rising 1.4 percent on Wednesday. Turnover rose to a four-month high at 136 billion yuan ($21.4 billion).

The People's Bank of China (PBOC) conducted a net injection of 96 billion yuan into the banking system through its regular open market operations this week, with the benchmark 7-day repo rate falling on ample liquidity.

Copyright Reuters, 2010