monday madness, page-2

China's stock market rose 0.52 percent to close at a fresh record high , boosted by strong corporate earnings for the first half of the year.
But trading turnover was moderate and the benchmark index came well off highs hit earlier in the day, as many investors remained wary of pushing prices up sharply because of concern about high valuations and government policy.

The Shanghai Composite Index ended at 4,346.458 points, exceeding its previous all-time closing high of 4,334.924, hit on May 29. During the day it rose as high as 4,371.512 points.

Turnover in Shanghai A shares totalled a moderate 130.8 billion yuan ($17.3 billion