SHANGHAI: Chinese shares rallied on Friday afternoon in thin volumes from earlier profit-taking to end the day at a near 13-month closing high, with signs of an economic recovery in China contributing to a recent surge.At the close, the Shanghai Composite index was up 0.63 percent at 3,270.80, erasing earlier losses. It was the strongest close for the index since March 21, 2018. ** The blue-chip CSI300 index was up 1.19 percent at 4,120.61 points, its highest close since March 12, 2018.Trading activity was relatively thin. Shanghai stocks have risen 5.83 percent this month. ** The Shanghai stock index is above its 50-day moving average and above its 200-day moving average.

Source: The Star April 19, 2019 07:30 UTC