Related News
Repos injections offer tonic to shares
Print Edition
SHANGHAI stocks edged up yesterday after China’s central bank injected 30 billion yuan (US$4.5 billion) into the market via reverse repurchase agreements while coal and steel firms also gained from measures to cut overcapacity.
The Shanghai Composite Index added 0.15 percent to close at 3,072.10 points yesterday.
Investor sentiment picked up after the People’s Bank of China yesterday injected 20 billion yuan of seven-day repos and 10 billion yuan of 14-day repos.
Coal plants and steel firms also rose, with Shanxi Coking Co jumping 7.03 percent to 7.46 yuan and Xinyu Iron & Steel Co adding 4.05 percent to 6.43 yuan because investors took comfort from the central government’s probe into overcapacity cuts at coal and steel firms.
- 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.
