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NewsChina shares have 1st gain in four days, autos buoyed by Oct sales
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China shares have 1st gain in four days, autos buoyed by Oct sales
by Cals Mon 11 Nov 2013, 16:10
| China shares have 1st gain in four days, autos buoyed by Oct sales |
| Business & Markets 2013 |
| Written by Reuters |
| Monday, 11 November 2013 15:41 |
The Shanghai Composite Index closed up 0.2 percent at 2,109.5 after earlier dipping below its 100-day moving average at about 2,103.4 points. The CSI300 of the leading Shanghai and Shenzhen A-share listings rose 0.3 percent.
Weakness in the property sector had earlier prodded the Shanghai index below that technical level in anemic volumes as investors awaited the end of a four-day, closed-door policy meeting of the Chinese Communist Party on Tuesday, for details on its economic agenda for the next decade.
Vehicle sales in China in October rose 20.3 percent from a year earlier, the China Association of Automobile Manufacturers (CAAM) said on Monday. This compared with the 19.7 percent rise in September. - Reuters
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