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China stock market opens higher after Easter's first trading

By Sun Yee
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Posted 24 March 2008 @ 10:03 am HKT

HONG KONG(IBTIMES) - Despite most global stock markets close for Easter,both the Shanghai and Shenzhen Stock Exchanges rise on Monday moring in Chinese markets.

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china stock

Shanghai Stock Exchange composite Index (SSI) jumped 33.77 points, or 0.89 percent, to reach 3830.35 in the morning. Shenzhen Stock Exchange component index jumped 170.02 points, or 1.24 percent, to reach 13888.98.

PetroChina keeps falling today,opens down 0.14 percent to reach 21.00 yuan. PetroChina Co. is the biggest oil producer in Asia,which price has lost less than half from its initial public offering price of 48 yuan on November 5.

Totally there are 1267 gainers and 148 losers in two stock markets.

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