BEIJING, Oct. 25 (Xinhua) — Chinese stocks closed higher on Friday, with the benchmark Shanghai Composite Index up 0.59 percent to 3,299.7 points. The Shenzhen Component Index closed 1.71 percent higher at 10,619.85 points. The combined turnover of the Shanghai and Shenzhen bourses stood at 1.77 trillion yuan (about 248.98 billion U.S. dollars), up from 1.52 trillion yuan recorded on the previous trading day. Stocks related to ceramic and textile industries led the gains, while those in the coal industry suffered major losses. The ChiNext Index, tracking China’s Nasdaq-style board of growth enterprises, gained 2.93 percent to close at 2,238.9 points Friday.
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