Share prices in Shanghai closed slightly higher yes-terday on the back of an im-pressive rise in a television maker whose prospects were enhanced by its digital TV production capability.

　　The Shanghai Composite Index, which tracks both yuan-denominated Class A shares and hard-currency Class B shares, edged up 0.21 percent to end at 1474.41.

　　The value of transactions dropped to 3.64 billion yuan (US.55 million), from 5.59 billion yuan on Friday.

　　The A-share Index closed at 1544.47, an increase of 0.24 percent.

　　"The slight increase in the index was attributed to the rise in the share price of Sichuan Changhong Electric Co Ltd whose digital TV production has bright prospects," said Wu Kan, head of the investment consulting department of Shanghai Securities Con-sulting Co Ltd. "It (digital TV production) is a new cash cow for the company."

　　Changhong, the nation's leading television maker, rose 2.88 percent to finish at 7.50 yuan.

　　Two other TV makers also rose - Chengdu Qianfeng Electronics Co Ltd closed 2.12 percent higher at 8.18 yuan while Qingdao-based Hisense Electric Co Ltd finished at 8.35 yuan, an increase of 2.83 percent.