BEIJING - Chinese stocks closed higher on Monday, with the benchmark Shanghai Composite Index up 0.59 percent to 3,444.43 points.

The Shenzhen Component Index closed 0.83 percent higher at 10,465.12 points.

The combined turnover of these two indices exceeded 1.51 trillion yuan (about $210.9 billion), up from 1.12 trillion yuan on the previous trading day.

Shares in the defense industry and semiconductor sector were among the biggest gainers, while those related to banking and brokerages suffered the most.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 1.35 percent to close at 2,153.01 points Monday.