Shanghai Composite tops 3K marks

Last Updated : Dec 08 2014 | 9:37 PM IST

Mainland China share market closed volatile session at new 43-month high on Monday, 08 December 2014, on optimism shares will extend their world-beating rally. Investors shrugged off warnings about the risk of a potential sell-off from the government. The benchmark Shanghai Composite Index ended up 2.8% at 3020.26, its highest close since Apr. 21, 2011 when it closed at 3026.67. The Shenzhen Composite Index rose 0.8% to 1466.65. Combined daily turnover of China's Shanghai and Shenzhen stock exchanges fell slightly to 960.8 billion yuan from a record high of 1.051 trillion yuan on Friday.

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Shanghai Composite tops 3K marks