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
Trade figures give market the blues
By Ding Yining |
June 11, 2009, Thursday
|
Online Edition
Online Edition
SHANGHAI'S key stock index closed lower today with continued falls in China's trade figures.
The benchmark Shanghai Composite Index dipped 0.67 percent, or 18.93 points, to close at 2,797.32 points. Turnover was 132.7 billion yuan (US$19.4 billion). Losers outnumbered gainers 555 to 304 and 49 remained unchanged.
The Shenzhen Composite Index, which tracks the smaller domestic market, lost 1.02 percent to close at 922.62 points.
China's exports fell 26.4 percent in May from the same period last year to US$88.8 billion, the General Administration of Customs said today. Exports in the first five months reached US$426.14 billion, down 21.8 percent from the year-earlier period and imports lowered 28 percent to US$337.34 billion.
Air carriers were weak. Air China, the biggest carrier by market value, lost 3.92 percent to 6.61 yuan. China Southern Airlines Co Ltd retreated 3.49 percent to 5.26 yuan.
Real estate developers were also among the losers. Poly Real Estate Group retreated 3.70 percent to 23.41 yuan. China Vanke Co, the nation's biggest listed property developer, was down 2.94 percent to 10.89 yuan. Gemdale Corporation buckled 6.08 percent to 13.43 yuan.
Financial shares had strong performances. Bank of China added 1.77 percent to 4.03 yuan. Bank of Communications advanced 2.75 percent to 8.21 yuan. Shanghai Pudong Development Bank edged up 0.19 percent to 21.04 yuan. Industrial & Commercial Bank of China, the nation's biggest lender, rose 1.70 percent to 4.79 yuan.
Haitong Securities rose 0.67 percent to 16.49 yuan. Shanghai Lujiazui Finance & Trade Zone Development Co Ltd jumped 2.10 percent to 24.30 yuan.
TCL Corp, the nation's biggest maker of consumer electronics, posted a 92 percent year-on-year increase in sales of LCD television in May. Its shares fell 2.53 percent to 3.85 yuan.
The benchmark Shanghai Composite Index dipped 0.67 percent, or 18.93 points, to close at 2,797.32 points. Turnover was 132.7 billion yuan (US$19.4 billion). Losers outnumbered gainers 555 to 304 and 49 remained unchanged.
The Shenzhen Composite Index, which tracks the smaller domestic market, lost 1.02 percent to close at 922.62 points.
China's exports fell 26.4 percent in May from the same period last year to US$88.8 billion, the General Administration of Customs said today. Exports in the first five months reached US$426.14 billion, down 21.8 percent from the year-earlier period and imports lowered 28 percent to US$337.34 billion.
Air carriers were weak. Air China, the biggest carrier by market value, lost 3.92 percent to 6.61 yuan. China Southern Airlines Co Ltd retreated 3.49 percent to 5.26 yuan.
Real estate developers were also among the losers. Poly Real Estate Group retreated 3.70 percent to 23.41 yuan. China Vanke Co, the nation's biggest listed property developer, was down 2.94 percent to 10.89 yuan. Gemdale Corporation buckled 6.08 percent to 13.43 yuan.
Financial shares had strong performances. Bank of China added 1.77 percent to 4.03 yuan. Bank of Communications advanced 2.75 percent to 8.21 yuan. Shanghai Pudong Development Bank edged up 0.19 percent to 21.04 yuan. Industrial & Commercial Bank of China, the nation's biggest lender, rose 1.70 percent to 4.79 yuan.
Haitong Securities rose 0.67 percent to 16.49 yuan. Shanghai Lujiazui Finance & Trade Zone Development Co Ltd jumped 2.10 percent to 24.30 yuan.
TCL Corp, the nation's biggest maker of consumer electronics, posted a 92 percent year-on-year increase in sales of LCD television in May. Its shares fell 2.53 percent to 3.85 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.
