Chinese shares surged during afternoon trading session after opening slightly higher on Friday amid rising market confidence.
The benchmark Shanghai Composite Index rose more than 4 percent to nearly 3,900 points. The smaller Shenzhen Component Index and ChiNext Index jumped by around 6 percent.
Companies in military industries led the rise following stellar performance on the previous trading day.
Analysts attribute the rise to recovering market confidence due to government's supportive measures.
Name (required) *
E-mail (required, but will not be published) *
Notify me of follow-up comments
Ben Stokes gave England a firm grip on the first Test with bat and ball before Shakib Al Hasan's 5-79 revived Bangladesh…
The facade of the world's tallest building, the Burj Khalifa in the Gulf emirate of Dubai, was lit up in pink Thursday…
The London Fashion Week (LFW) is one of the most sought out shows of the year. LFW is an annual fashion event…
Powered and Developed by FilmMatters
Copyright © 2016 Arabtoday