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Shanghai shares rise on policy outlook

Shanghai stock index advanced slightly today, the last trading day of November, after rising to a one-month high on Thursday, led by shipbuilding, military and new media shares.

The index climbed 3.5 percent in November amid the government's package of policy changes including easing restrictions on private investment and modifying the one-child policy. Analysts also expected upward potential this month and next year.

The Shanghai Composite Index rose 0.05 percent to 2,220.01 points. The trading value was 97.8 billion yuan (US$15.9 billion), decreasing from 102 billion yuan in the previous trading day.




 

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