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China's key stock index surges more than 4.9%
2008/03/28 16:11 (Beijing - China)
Source:


    BEIJING, March 28 (Xinhua) -- China's benchmark stock index staged a strong technical rebound Friday, closing 4.94 percent higher to end a two-day losing streak.

    The major Shanghai Composite Index opened 0.96 percent lower before bargain hunting pushed it up by 168.65 points to 3,580.15.

    It tumbled 5.42 percent, the biggest one-day loss in 2 month, to 3,411.49 Thursday, the lowest close since April 9 last year.

    The Shenzhen Component Index gained 581.43 points, or 4.43 percent to 13,692.85.
 


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