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SHANGHAI, Nov 6 (Reuters) - China's key stock index rose 0.28 percent to a fresh three-month closing high on Friday and posted its best weekly rise in more than three months, buoyed by optimism over the economy and that monetary policy would remain loose. The Shanghai Composite Index ended at 3,164.037 points, climbing for a sixth session in a row and gaining 5.6 percent for the week. Gaining Shanghai A shares outnumbered losers by 513 to 348, while turnover picked up to a seven-week high of 181 billion yuan from Thursday's 155 billion yuan. Daqin Railway rose 4.51 percent to 11.35 yuan before it was suspended from trade in the afternoon pending an important announcement. Shares of Hainan-based firms gained after news that a plan to develop international tourism on the southern Chinese island may soon get approval. ($1 = 6.83 yuan) (Reporting by Claire Zhang and Edmund Klamann) ((junjie.zhang@thomsonreuters.com; (8621) 6104-1775)) Hong Kong report Taiwan report Shanghai indices Shenzhen indices Hong Kong indices H-share index Red share index SPEED GUIDES RELATED NEWS AND OTHER TOPICS China news All equity news Greater China news Chinese summary Hong Kong news Chinese hot stocks Taiwan news China IPOs Chinese diary Hong Kong IPOs Press digests Keywords: MARKETS CHINA STOCKS (Multimedia versions of Reuters Top News are now available for: * 3000 Xtra : visit http://topnews.session.rservices.com * BridgeStation: view story .134 * Reuters Plus: from your WebDSS screen For more information on Top News, visit http://topnews.reuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.
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