Thursday, April 19, 2007

China stocks rise 2.87 pct after Thursday's tumble

(Reuters) - Turnover in Shanghai A shares was very heavy at 81.9 billion yuan , although down from 100.9 billion yuan in the morning on Thursday, when turnover hit a record for the full day.

Thursday's tumble was caused by a jump in consumer price inflation to 3.3 percent in March from 2.7 percent in February. That makes a 0.27 percentage point hike in benchmark interest rates likely in coming days or weeks, analysts said.


Read more at Reuters.com Hot Stocks News

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