男女羞羞视频在线观看,国产精品黄色免费,麻豆91在线视频,美女被羞羞免费软件下载,国产的一级片,亚洲熟色妇,天天操夜夜摸,一区二区三区在线电影
   

Stocks rise, but outlook cautious

(Shanghai Daily)
Updated: 2007-03-22 10:03

Shanghai's benchmark stock index cruised to a new high yesterday as investors flocked to blue chips following an expression of market confidence by a senior law maker.

The rally may be short-lived, however.

Related readings:
 Shanghai stock index closes at record high
 Senior official plays down fear of bubble in stock market
 Stocks rise to 3-week high
 
China bars firms speculating with stock-sale funds

Analysts said the Shanghai Composite Index - hovering just north of the 3,000 mark - faces near-term pressure from profit taking.

The index, which tracks yuan-denominated A shares and hard-currency B shares, inched up 0.83 percent yesterday to 3,057.38. The peak was the highest since February 26 when the index settled at 3,040.60.

Yesterday's turnover hit 90.2 billion yuan (US$11.7 billion), compared with 82.6 billion yuan the day before.

"The gains were led by the heavily weighted blue chips," said Chen Jinren, an analyst at Huatai Securities Co.

Big caps including refiners, real estate developers and banks were among the main drivers.


An investor monitors stock movements at a stock exchange market in Shanghai March 19, 2007. China's main stock index jumped 2.87 percent on Monday, nearing its all-time high, as bank shares surged following an interest rate hike at the weekend. [Reuters]
Shanghai Lujiazui Finance & Trade Zone Development Co hit the daily trading limit by jumping 10 percent to 18.44 yuan. Retail giant Shanghai Bailian Group Co Ltd surged 9.98 percent to 13.55 yuan. Jiangxi Copper Co Ltd, the nation's biggest copper producer, advanced 9.98 percent to 19.83 yuan.

The runup came after senior legislator Cheng Siwei said on Tuesday he was "confident about the stock market."

During a speech at Fudan University, Cheng said the government should ramp up efforts to create a fair and open market scenario.

Cheng, vice chairman of the Standing Committee of the National People's Congress, also warned investors against the blind pursuit of overvalued chips.

Analysts also cautioned investors against the risk of corrections in the near term as pressures mount above the 3,000 mark, considered a psychological threshold.

"We see the 3,000-mark as a high level for the index, which has surged all the way from 900 since June 2005," said Peng Yunliang, an analyst at Shanghai Securities Co. "Plus, many stocks are overvalued after strong gains during recent trading."



(For more biz stories, please visit Industry Updates)



主站蜘蛛池模板: 大余县| 图片| 余庆县| 武隆县| 英吉沙县| 都安| 内丘县| 康定县| 朔州市| 鸡东县| 咸丰县| 蒙山县| 栖霞市| 全州县| 富蕴县| 巴马| 平遥县| 丰台区| 巴东县| 广灵县| 滦南县| 沐川县| 永靖县| 宜阳县| 新安县| 河北省| 南开区| 宣城市| 沿河| 太仆寺旗| 台安县| 西安市| 土默特右旗| 桐梓县| 河北省| 遂昌县| 乌恰县| 清徐县| 出国| 巴林左旗| 思茅市| 泸西县| 镇平县| 武山县| 延川县| 杨浦区| 仁怀市| 通河县| 本溪市| 长泰县| 台州市| 仁布县| 郑州市| 嘉善县| 兴义市| 阳泉市| 涿鹿县| 滁州市| 思茅市| 邢台县| 垣曲县| 荣昌县| 昔阳县| 盖州市| 木兰县| 亳州市| 百色市| 忻城县| 稻城县| 鄂州市| 防城港市| 奉新县| 涟水县| 屯昌县| 万宁市| 深圳市| 沙雅县| 普陀区| 门头沟区| 河池市| 高邮市| 宝清县|