Our Products
 CBIX |
 CProfiles |
 CQuotes |
 XChange |
 tSolutions |
 Partnerships |
Indices
| SSEC | 3,067.75 | +0.71% |
19-03 |
| SZSC | 12,352.92 | +0.95% |
19-03 |
| HSI | 0.00 | +0% |
19-03 |
| JKSE | 2,742.97 | +0.21% |
19-03 |
| AORD | 4,890.10 | +0.25% |
19-03 |
| N225 | 10,824.72 | +0.75% |
19-03 |
| KLSE | 1,296.60 | -0.41% |
19-03 |
| SET | 759.02 | +0.00% |
19-03 |
| STI | 2,915.70 | +0.06% |
19-03 |
eScoop
| Wall Street Rises No Effect On Local Bourses |
| on 25-Feb-2009 18:13 |
Wall Street rallied with reassurances from U.S Fed Reserve Chairman Bernanke, that banks will not be nationalised and projections that the economy would bottom in 2010. The S&P Banking Index increased over 15%. Expected flow-on effect did not eventuate with local markets falling in the morning. A recovery in the afternoon led the benchmark Shanghai Composite Index to close at 2,206.57, marginally up 0.27% or 5.92 points while the Shenzhen Composite Index closed at 8,241.66 down 1.92% or 161.36 points. Combined turnover down to RMB 209.05 bln from RMB 250.4 bln the previous trading day. Best movers amongst banks in China were China Merchants Bank (600036) up 8.12% to RMB 14.92, Bank of Nanjing (601009) up 4.50% to RMB 11.84 and Shanghai Pudong Development Bank (600000) up 4.02% to RMB 17.09. CITIC Securities (600030) up 0.85% to RMB 22.57 and Haitong Securities (600837) down 1.70% to RMB 12.12. Real Estate continued downwards with heavyweights China Vanke (000002) down 3.32% to RMB 7.57, Poly Real Estate Group (600048) down 4.28% to RMB 19.03, Gemdale Corporation (600383) down 4.90% to RMB 8.35 but Beijing Vantone managed to bounce up 6.78% to RMB 19.22. Most sectors were mixed, resulting from lack of market direction. Gold stocks fell with Zhongjin Gold (600489) down 4.88% to RMB 55.11 and Shangdong Gold Mining (600547) down 5.34% to RMB 73.59. Aluminum Corporation of China (Chalco) (601600) up 3.80% to RMB 10.39, Jiangxi Copper (600362) up 3.17% to RMB 18.24 but Minmetals Development (6000058) fell 4.55% to RMB 20.36 following an hour trading halt in the morning with price sensitive announcement. MY01/VW/YS |
for Corporates
Executive Summaries - NewsnChina can deliver custom Executive Summaries of industry news or company news into your In-Tray or In-Box for your team. These summaries are succinct snippets of information that give you a good overview of news in your sector(s) of choice with links to details as well as relevant articles and archival material.Use it to keep track of the competition or of particular companies as well as information about your own company.
Want to provide a news service to your valued clients such as an industry newsletter. We can create it and deliver it for you via your own corporate website. Check out our examplesbelow:
- In-Box Executive Summaries
- Newsletter for clients
- Website content