May 4th, 2009 - Forbes
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SHANGHAI, May 4 (Reuters) - Chinese stocks rose 2.28 percent on Monday, with coal and steel shares strong after the CLSA Purchasing Managers' Index rose to a nine-month high in April, bolstering expectations for a recovery in the Chinese economy.
The Shanghai Composite Index ended the morning at 2,534.084 points, its highest in nearly two weeks.
The index made a strong start to the month after climbing only 4.4 percent in April, its lowest monthly gain this year and slowing from a 14 percent rise in March.
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