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Index edges up, 03/12

(China Daily)
Updated: 2007-03-13 10:16

China's main stock index climbed 0.58 percent higher yesterday, aided by positive comments by central bank governor Zhou Xiaochuan. But traders do not expect strong resistance around the 3,000-point barrier to break any time soon.

The Shanghai Composite Index closed at 2,954.914 yesterday, after hitting a low of 2,904.744 in the morning session.

A total of 591 companies gained in the Shanghai A-share market, while 176 firms saw losses. Turnover was 85.5 billion yuan.