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Brokers lead Shanghai index up
By Pan Xiaoyi |
October 15, 2009, Thursday
|
Online Edition
Online Edition
SHANGHAI'S key stock index rose in today's morning session, led by brokerages on expectations of higher third-quarter profits.
China International Travel Service Corp surged 41 percent on its debut in Shanghai on rising demand for new equities.
The benchmark Shanghai Composite Index added 0.25 percent to 2,977.99 points. Turnover stood at 62.2 billion yuan (US$9.1 billion). Losers outnumbered gainers 477 to 345, with 45 stocks unchanged.
The Shenzhen Composite Index, which tracks the smaller domestic market, was up 0.27 percent to close at 1,023.91 points.
Guoyuan Securities Co jumped 5.9 percent to 20.48 yuan after saying third-quarter net income may soar as much as 800 percent. Northeast Securities Co advanced 3.3 percent to 39.7 yuan. It said profit for the third quarter may jump 11,740 percent from a year earlier.
Citic Securities Co, the country's biggest listed brokerage, added 2.1 percent to 27.22 yuan.
China International Travel Service Corp surged 41 percent on its debut in Shanghai on rising demand for new equities.
The benchmark Shanghai Composite Index added 0.25 percent to 2,977.99 points. Turnover stood at 62.2 billion yuan (US$9.1 billion). Losers outnumbered gainers 477 to 345, with 45 stocks unchanged.
The Shenzhen Composite Index, which tracks the smaller domestic market, was up 0.27 percent to close at 1,023.91 points.
Guoyuan Securities Co jumped 5.9 percent to 20.48 yuan after saying third-quarter net income may soar as much as 800 percent. Northeast Securities Co advanced 3.3 percent to 39.7 yuan. It said profit for the third quarter may jump 11,740 percent from a year earlier.
Citic Securities Co, the country's biggest listed brokerage, added 2.1 percent to 27.22 yuan.
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