Mainland China share market closed sharp higher on Friday, 28 November 2014, registering advance for seventh consecutive session, on bet for further monetary stimulus, with shares of airline and shipping companies being major gainers. The Shanghai Composite Index rose 2% to 2,682.84 at the close. Full-day turnover was strong, with 465.88 billion shares traded worth 401.95 billion yuan. The measure advanced 7.9% this week, after the central bank unexpectedly lowered deposit and lending rates to support an economy.
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