Home
News
In Focus
Business
Metro
Nation
World
Sports
Feature
Opinion
View more »Opinion Columns
Wan LixinOpinion deputy editor of Shanghai Daily
Restaurants get off to a quick start thanks to game-changing policies
High service charges on event ticket refunds call for further regulation
Sunday
- Subscribe
Related News
Finance, heavyweights dampen morning market
By Ding Yining |
April 27, 2009, Monday
|
Online Edition
Online Edition
SHANGHAI'S key stock index dropped more than 1 percent in morning trade with falls among financial sector shares and heavyweights.
The benchmark Shanghai Composite Index was down 1.20 percent, or 29.45 points, to close at 2,419.15 points. Turnover was 54.4 billion yuan (US$7.95 billion). Losers outnumbered gainers 707 to 141 and 60 remained unchanged.
The Shenzhen Composite Index, which tracks the smaller domestic market, lost 1.98 percent to close at 804.91 points.
China Pacific Insurance (Group) Co, the nation's third-largest insurer, said first-quarter net income fell 89 percent from a year earlier to 200 million yuan. Its shares buckled 6.17 percent to 16.88 yuan.
China State Shipbuilding Co, the country's biggest shipbuilder, said first-quarter net income fell 36 from a year earlier to 623 million yuan. The stock lost 4.61 percent to 62.22 yuan.
Shanghai International Port Group reported a 28
percent drop in first-quarter profit. Its net income fell to 734 million yuan, or 0.035 yuan a share. The stock lost 1.86 percent to close at 5.29 yuan.
Banks showed mixed results. Bank of China added 1.45 percent to 3.50 yuan. China Construction Bank edged up 0.46 percent to 4.37 yuan. Industrial & Commercial Bank of China, the nation's biggest lender, dropped 1 percent to 3.98 yuan. Bank of Communications lost 0.62 percent to 6.37 yuan.
The benchmark Shanghai Composite Index was down 1.20 percent, or 29.45 points, to close at 2,419.15 points. Turnover was 54.4 billion yuan (US$7.95 billion). Losers outnumbered gainers 707 to 141 and 60 remained unchanged.
The Shenzhen Composite Index, which tracks the smaller domestic market, lost 1.98 percent to close at 804.91 points.
China Pacific Insurance (Group) Co, the nation's third-largest insurer, said first-quarter net income fell 89 percent from a year earlier to 200 million yuan. Its shares buckled 6.17 percent to 16.88 yuan.
China State Shipbuilding Co, the country's biggest shipbuilder, said first-quarter net income fell 36 from a year earlier to 623 million yuan. The stock lost 4.61 percent to 62.22 yuan.
Shanghai International Port Group reported a 28
percent drop in first-quarter profit. Its net income fell to 734 million yuan, or 0.035 yuan a share. The stock lost 1.86 percent to close at 5.29 yuan.
Banks showed mixed results. Bank of China added 1.45 percent to 3.50 yuan. China Construction Bank edged up 0.46 percent to 4.37 yuan. Industrial & Commercial Bank of China, the nation's biggest lender, dropped 1 percent to 3.98 yuan. Bank of Communications lost 0.62 percent to 6.37 yuan.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
