Related News
Cement and power producers drop in Shanghai
By Lydia Chen |
May 20, 2011, Friday
|
Online Edition
Online Edition
TEPID performances among cement makers and electricity producers dragged Shanghai stock index down for a second day today despite mild gains by the heavyweighted banking and energy sectors.
The Shanghai Composite Index dipped 0.04 percent to 2,858.46. Turnover shrank to the lowest in four month at 84 billion yuan.
Shares in environment protection business were the biggest decliners, followed by cement makers who have been gloomy for several days over concerns that China's sturbonly high inflation may slow economic growth and hurt demand.
Xinjiang Qingsong Building Materials and Chemicals Group Co tumbled 3.42 percent to 22.60 yuan
Electricity producers were also among the worst performers in face a worsening power supply shortage across China.
However, analysts said the utility sector could be good investments after having been low for a while and is expected to see some rebounds when the price cap imposed by the government is loosened to help power producers.
The Shanghai Composite Index dipped 0.04 percent to 2,858.46. Turnover shrank to the lowest in four month at 84 billion yuan.
Shares in environment protection business were the biggest decliners, followed by cement makers who have been gloomy for several days over concerns that China's sturbonly high inflation may slow economic growth and hurt demand.
Xinjiang Qingsong Building Materials and Chemicals Group Co tumbled 3.42 percent to 22.60 yuan
Electricity producers were also among the worst performers in face a worsening power supply shortage across China.
However, analysts said the utility sector could be good investments after having been low for a while and is expected to see some rebounds when the price cap imposed by the government is loosened to help power producers.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
