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Resource stocks drive Chinese shares gain at midday

0 CommentsPrint E-mail Xinhua, March 1, 2010
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Chinese equities rose in the morning session on Monday, led by copper and other resource-related stocks following a massive quake in Chile that triggered a rally in copper prices.

The benchmark Shanghai Composite Index edged up 0.93 percent to end at 3,080.23 points at midday. The Shenzhen Component Index gained 0.98 percent to close at 12,559.12 points.

Jiangxi Copper Co., Ltd. surged 6.93 percent to 37.47 yuan per share, while Yunnan Copper Co., Ltd. jumped 7.53 percent to 27.42 yuan per share.

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