China shares end modestly higher as oil holds gains

By Samuel Shen and Nathaniel Taplin SHANGHAI (Reuters) - Chinese shares began the week on a firmer note on Monday, extending gains from Friday after a rally in battered oil prices sparked a rise in global equities. The benchmark Shanghai Composite Index closed up 0.8 percent, while the CSI300 index of the largest listed companies in Shanghai and Shenzhen added 0.5 percent, building on gains of more than 1 percent on Friday as oil bounced off 12-year lows. After surging 10 percent on Friday and h