Stocks rise as real estate developers gain

MAINLAND stocks rose today, with real estate developers and some non-ferrous metals gaining ground. The Shanghai Composite Index, which tracks both yuan-denominated A shares and hard-currency B shares, gained 0.56 percent, or 30.34 points, to close at 5,485.01. The Shenzhen Composite Index, which covers the smaller mainland stock market, added 0.48 percent, or 7.22 points, to 1,506.23. Among the stocks in the Shanghai Composite index, 379 rose, 390 fell and 73 were unchanged.