2010-08-06 16:29

BEIJING - Chinese shares rose Friday after the central bank announced Thursday night plans to maintain its moderately loose monetary policy and enhance financial supports to boost sustainable economic development.

Shares of banks and travel agencies led gains in Friday's trading.

The benchmark Shanghai Composite Index closed at 2,658.39 points, up 37.63 points, or 1.44 percent.

The Shenzhen Component Index ended at 10,942.93 points, up 174.86 points, or 1.62 percent.

Total turnover slightly expanded to 236.62 billion yuan ($34.8 billion) from 216.33 billion yuan on the previous trading day.

Gainers outnumbered losers by 830 to 44 in Shanghai and 963 to 62 in Shenzhen.