Chinese benchmark stock index closes higher Monday, hits almost 10-year high

Chinese shares continued their rise on Monday, with the Shanghai Composite Index closing 0.85 percent up at 3,728.03 points, after hitting an intra-day high of 3,745.94 points, its highest level in almost a decade.

The Shenzhen Component Index closed 1.73 percent higher at 11,835.57 points.

The combined turnover of these two indices reached 2.76 trillion yuan (about 387.56 billion U.S. dollars) -- compared with 2.24 trillion yuan registered on the previous trading day.

Shares related to liquid-cooled servers and cinemas led the gains, while stocks in coal mining and processing, as well as precious metals, were among the biggest decliners.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 2.84 percent to close at 2,606.20 points on Monday.

Chinese benchmark stock index closes higher Monday, hits almost 10-year high

The U.S. dollar strengthened in late trading on Friday.

The dollar index, which measures the greenback against six major peers, added 0.2 percent to 99.132 at 15:00 (2000 GMT).

In late New York trading, the euro decreased to 1.1635 dollars from 1.1650 dollars in the previous session, and the British pound was down to 1.3407 dollars from 1.3431 dollars in the previous session.

The U.S. dollar bought 157.88 Japanese yen, higher than 156.97 Japanese yen in the previous session. The U.S. dollar rose to 0.8010 Swiss francs from 0.7995 Swiss francs, and it climbed to 1.3910 Canadian dollars from 1.3868 Canadian dollars. The U.S. dollar was down to 9.2025 Swedish kronor from 9.2246 Swedish kronor.

U.S. dollar ticks up