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Chinese shares edge up Friday

Chinese shares edge up Friday

Write: Tarkan [2011-05-20]

Chinese equities advanced Friday after the biggest daily fall in five weeks Thursday, as brokerages rallied on expectation of stock index futures trading.

The benchmark Shanghai Composite Index edged up 0.25 percent after swinging between gains and losses. It gained 7.69 points to end at 3031.07 points.

The Shenzhen Component Index advanced 0.23 percent, or 28.85 points, to end at 12,341.74 points.

Combined turnover Friday was 182.5 billion yuan ($26.72 billion), down from 259.3 billion yuan on the previous trading day.