Related News
Shanghai index inches higher
By Ding Yining |
September 14, 2009, Monday
|
Online Edition
Online Edition
SHANGHAI'S key stock index added more than 1 percent today to close above 3,000 points, lifted by banking sector and heavyweights.
The benchmark Shanghai Composite Index rose 1.24 percent, or 36.95 points, to close at 3,026.74 points. Turnover was 157.1 billion yuan (US$23 billion). Gainers outnumbered losers 811 to 48 and 51 stocks remained unchanged.
The Shenzhen Composite Index, which tracks the smaller domestic market, jumped 2.44 percent to close at 1,041.33 points.
China Securities Regulatory Commission will review applications for initial public offerings on Thursday. A total of 149 firms handed in applications and hope to raise a combined 33.6 billion yuan.
"Whether the index will remain above 3,000 points is still uncertain and with the drop of the price of large commodities, metal producers may face fluctuations in the near future," Wan Bing, an analyst at GF Securities, wrote in a research report.
Industrial & Commercial Bank of China, the nation's biggest lender, was up 0.20 percent to 5.08 yuan. Shanghai Pudong Development Bank added 0.42 percent to 21.62 yuan. China Construction Bank edged up 0.50 percent to close at 6.05 yuan. Bank of Communications rose 0.75 percent to 9.39 yuan.
PetroChina, the largest oil producer and biggest heavyweight in the Shanghai market, rose 0.90 percent to 12.29 yuan. PetroChina added 0.51 percent to 13.71 yuan.
The benchmark Shanghai Composite Index rose 1.24 percent, or 36.95 points, to close at 3,026.74 points. Turnover was 157.1 billion yuan (US$23 billion). Gainers outnumbered losers 811 to 48 and 51 stocks remained unchanged.
The Shenzhen Composite Index, which tracks the smaller domestic market, jumped 2.44 percent to close at 1,041.33 points.
China Securities Regulatory Commission will review applications for initial public offerings on Thursday. A total of 149 firms handed in applications and hope to raise a combined 33.6 billion yuan.
"Whether the index will remain above 3,000 points is still uncertain and with the drop of the price of large commodities, metal producers may face fluctuations in the near future," Wan Bing, an analyst at GF Securities, wrote in a research report.
Industrial & Commercial Bank of China, the nation's biggest lender, was up 0.20 percent to 5.08 yuan. Shanghai Pudong Development Bank added 0.42 percent to 21.62 yuan. China Construction Bank edged up 0.50 percent to close at 6.05 yuan. Bank of Communications rose 0.75 percent to 9.39 yuan.
PetroChina, the largest oil producer and biggest heavyweight in the Shanghai market, rose 0.90 percent to 12.29 yuan. PetroChina added 0.51 percent to 13.71 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.
