Oct 09, 2009 06:09 PM

China Stocks Up on Rising Commodities, Foreign Economic Data

Compiled by staff

(.com.cn) Chinese equities rose across the board on Oct. 9, following the eight-day market closure for the National Day holidays, pushing the benchmark Shanghai Composite Index up 4.76 percent to 2,911.72 points.

Resource stocks topped the market, after commodities futures soared during the period.

Investor sentiment got a boost from better-than-expected U.S. jobless claims data and a rate rise in Australia on Oct. 6, when Chinese markets were closed.

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