China stocks end up 0.1 pct, property shares strong

SHANGHAI, Nov 10 (Reuters) - China's key stock index edged up 0.1 percent on Tuesday led by property shares, rising for an eighth session in a row to a three-month closing high ahead of economic data for October that is expected to be strong.

The Shanghai Composite Index .SSEC ended at 3,178.610 points.

Losing Shanghai A shares outnumbered gainers by 489 to 384, while turnover edged up to 163 billion yuan ($23.88 billion) from Monday's 158 billion yuan.

Property shares led the rise, with Poly Real Estate Group (600048.SS) up 2.86 percent at 27.01 yuan after posting a 143 percent surge in contract property sales in the first 10 months.

Analysts said investors were encouraged by official comments about the economic recovery and stable monetary policy.

Ma Delun, a vice-governor with the People's Bank of China, reaffirmed on Tuesday that China would continue its accommodative monetary policy stance. [ID:nBMA006388] ($1=6.826 Yuan) (Reporting by Claire Zhang and Edmund Klamann)