Related News
Shanghai index flat on weak turnover
By Feng Jianmin |
March 30, 2011, Wednesday
|
Online Edition
Online Edition
SHANGHAI stock market closed slightly lower today as trading continued to contract.
The Shanghai Composite Index dipped 0.08 percent to 2,955.77. Turnover shrank to 154.4 billion yuan (US$12.63 billion) from yesterday's 200 billion yuan.
Gold miners rebounded from yesterday's drop as gold bullion prices rose 0.53 yuan to 301.50 yuan per gram in Shanghai. Zhongjin Gold Corp rose 1.4 percent to 36.92 yuan while Shandong Gold Mining Co climbed 3.8 percent to 53.05 yuan.
Irrigation shares paced the decline. Chongqing Three Gorges Water Conservancy & Electric Power Co shed 5.7 percent to 19.34 yuan.
Cement makers, however, outperformed the market as a report by China International Capital Corp said a rebound could be expected in the sector as their profits are likely to stay high by next year.
Huaxin Cement Co added 2 percent to 50.21 yuan. Anhui Conch Cement Co climbed 5 percent to 41.01 yuan.
The Shanghai Composite Index dipped 0.08 percent to 2,955.77. Turnover shrank to 154.4 billion yuan (US$12.63 billion) from yesterday's 200 billion yuan.
Gold miners rebounded from yesterday's drop as gold bullion prices rose 0.53 yuan to 301.50 yuan per gram in Shanghai. Zhongjin Gold Corp rose 1.4 percent to 36.92 yuan while Shandong Gold Mining Co climbed 3.8 percent to 53.05 yuan.
Irrigation shares paced the decline. Chongqing Three Gorges Water Conservancy & Electric Power Co shed 5.7 percent to 19.34 yuan.
Cement makers, however, outperformed the market as a report by China International Capital Corp said a rebound could be expected in the sector as their profits are likely to stay high by next year.
Huaxin Cement Co added 2 percent to 50.21 yuan. Anhui Conch Cement Co climbed 5 percent to 41.01 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.
