Shanghai shares gained for a fourth-straight session on Monday, bucking the overall downward trend, as continued hopes for the country’s stimulus plan and a rally in airline shares bolstered the overall market.

The Shanghai Composite index gained 2.2 per cent higher to 2,030.485, the first time it has closed above 2,000 levels since 14th October. The value of shares traded rose to Rmb89.9bn ($13.2bn), the highest in more than a month.