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Catering, tourism lift shares
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SHANGHAI shares closed higher yesterday, buoyed by catering and tourism counters with the approach of the National Day holiday and the Mid-autumn Festival.
The Shanghai Composite Index gained 0.37 percent to end at 3,379.58 points — a fresh 20-month high.
The catering and tourism sector rose 4.32 percent, as investors pursued these counters amid the coming holidays.
Hna-Caissa Travel Group Co Ltd surged by the daily limit of 10 percent to 15.16 yuan, and Yunnan Tourism Co Ltd climbed 9.99 percent to 10.24 yuan.
Information technology companies were also among gainers, with the sector up 2.10 percent. Several information technology companies such as Yonyou Network Technology Co Ltd, GuoChuang Software Co Ltd and Winner Information Technology Co Inc all surged by the maximum limit of 10 percent.
Non-ferrous metal shares gained as well, with Shaanxi Ligeance Mineral Resourcs Co Ltd advancing 9.99 percent to 23.34 yuan.
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