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: 巴塘县| 和平县| 内乡县| 开鲁县| 南充市| 广东省| 天柱县| 边坝县| 达州市| 通化县| 遵化市| 屏山县| 京山县| 淳化县| 乌鲁木齐县| 新余市| 雅江县| 米易县| 兴义市| 天水市| 肥城市| 乐都县| 景德镇市| 双城市| 柞水县| 法库县| 和政县| 新泰市| 靖西县| 雷山县| 克什克腾旗| 双牌县| 榆林市| 通江县| 凤山县| 垦利县| 常熟市| 文化| 岗巴县| 安徽省| 霍山县| 平果县| 鄂伦春自治旗| 蒙阴县| 留坝县| 庆安县| 汉中市| 英吉沙县| 两当县| 区。| 右玉县| 和政县| 牡丹江市| 饶平县| 台东县| 海兴县| 宜川县| 新余市| 衡水市| 安顺市| 福州市| 孝义市| 佳木斯市| 泌阳县| 什邡市| 凯里市| 永登县| 临城县| 左贡县| 都匀市| 赣州市| 建德市| 雷波县| 阆中市| 临西县| 鄂托克前旗| 新闻| 五大连池市| 华池县| 达日县| 乌鲁木齐市| 万州区|