Related News
Shanghai stocks rise on brokers and miners
By Joyce Pan |
January 5, 2010, Tuesday
|
Online Edition
Online Edition
SHANGHAI'S key stock index ended higher in the morning session, led by brokerages and coal producers, on expectations of higher coal prices as the freezing weather endangers supply.
The benchmark Shanghai Composite Index gained 1.21 percent, or 39.1 points, to close at 3,282.86 points. Turnover stood at 86.5 billion yuan (US$12.7 billion). Gainers outnumbered losers 463 to 394 while 30 remained unchanged.
The Shenzhen Composite Index, which tracks the smaller domestic market, was up 0.32 percent to close at 1,202.57 points.
Everbright Securities Co surged by 10 percent daily cap to 27.24 yuan after saying it got approval from the securities watchdog to set up another five outlets to expand its business. CITIC Securities Co advanced 5.2 percent to 32.92 yuan. Haitong Securities Co surged 4.5 percent to 19.38 yuan. Pacific Securities Co soared 6.8 percent to 19 yuan.
China Shenhua Energy Co climbed 2.2 percent to 35.01 yuan. Yanzhou Coal Mining Co jumped 4.5 percent to 24.26 yuan. China Coal Energy Co was up 2.9 percent to 13.85 yuan. Datong Coal Industry rose 2.9 percent to 46.07 yuan.
Bucking the upward trend, real estate developers plunged on media reports the government is moving closer to imposing a property tax. Shanghai-based Shimao Co retreated 3.8 percent to 15.67 yuan. Poly Real Estate Group withdrew 3 percent to 21.25 yuan. Gemdale Corp eased 1.8 percent to 13.27 yuan.
The benchmark Shanghai Composite Index gained 1.21 percent, or 39.1 points, to close at 3,282.86 points. Turnover stood at 86.5 billion yuan (US$12.7 billion). Gainers outnumbered losers 463 to 394 while 30 remained unchanged.
The Shenzhen Composite Index, which tracks the smaller domestic market, was up 0.32 percent to close at 1,202.57 points.
Everbright Securities Co surged by 10 percent daily cap to 27.24 yuan after saying it got approval from the securities watchdog to set up another five outlets to expand its business. CITIC Securities Co advanced 5.2 percent to 32.92 yuan. Haitong Securities Co surged 4.5 percent to 19.38 yuan. Pacific Securities Co soared 6.8 percent to 19 yuan.
China Shenhua Energy Co climbed 2.2 percent to 35.01 yuan. Yanzhou Coal Mining Co jumped 4.5 percent to 24.26 yuan. China Coal Energy Co was up 2.9 percent to 13.85 yuan. Datong Coal Industry rose 2.9 percent to 46.07 yuan.
Bucking the upward trend, real estate developers plunged on media reports the government is moving closer to imposing a property tax. Shanghai-based Shimao Co retreated 3.8 percent to 15.67 yuan. Poly Real Estate Group withdrew 3 percent to 21.25 yuan. Gemdale Corp eased 1.8 percent to 13.27 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.
