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Chinese shares close higher Friday

China

China

China

Chinese shares close higher Friday

2024-10-18 17:32 Last Updated At:18:07

China's major stock indexes closed higher on Friday, with the benchmark Shanghai Composite Index up 2.91 percent to reach 3261.56 points.

The Shenzhen Component Index closed 4.71 percent higher at 10,357.68 points.

The combined turnover of the Shanghai and Shenzhen bourses reached around 2.1 trillion yuan (about 294.31 billion U.S. dollars), up from 1.49 trillion yuan recorded on the previous trading day.

Over 5,100 stocks ended higher, with those related to semiconductors and brokerages leading the gains.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 7.95 percent to close at 2,195.1 points on the day.

Chinese shares close higher Friday

Chinese shares close higher Friday

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Crude futures settle higher

 

Oil prices advanced on Monday.

The West Texas Intermediate for May delivery added 2.51 dollars, or 2.6 percent, to settle at 99.08 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for June delivery increased by 4.16 dollars, or 4.37 percent, to settle at 99.36 dollars a barrel on the London ICE Futures Exchange.

Crude futures settle higher

Crude futures settle higher

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