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Major Stock Index of Shanghai Bourse Exceeds 2,000
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The benchmark Shanghai Composite Index, a major index of Chinese shares, exceeded 2,000 points Monday morning, the first time in the past five years.

 

The market was boosted by petrochemical, financial and real estate shares.

 

The Shanghai Composite Index tracks both yuan-denominated A shares and hard-currency B shares traded at the Shanghai stock exchange.

 

(Xinhua News Agency November 20, 2006)

 

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