Home / Business / News Tools: Save | Print | E-mail | Most Read | Comment
Shares end losing streak, edge up on tech stimulus hopes
Adjust font size:

Chinese equities edged up Thursday after two days of losses, led by electronics and information technology companies, as investors bet a government technology stimulus plan announced Wednesday night would lift sector profits, analysts said.

The benchmark Shanghai Composite Index edged up 0.78 percent, or 17.26 points, to 2,227.13. The Shenzhen Component Index rose by a bigger 1.61 percent, or 130.4 points, to 8,213.9.

Combined turnover was 170.65 billion yuan (US$24.95 billion), down further from 210 billion yuan Wednesday and 258.5 billion yuan Tuesday.

Gainers outnumbered losers by 694 to 173 in Shanghai and 658 to 101 in Shenzhen.

(Xinhua News Agency February 19, 2009)
Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- Shares sink 4.7% on investors' economic concerns
- China shares react to Wall St., sink 3% by mid-day
- Chinese shares fall 0.5% in morning session
- Chinese shares up more than 3% on reported gov't stimulus plan
- Chinese shares edge down 0.19% on Wall Street plunge

Feb.14, Beijing China Macro-Economy Forecast Spring Annual Conference
Feb.22 - Feb.23, Shenzhen 21st Century China Capital Market Annual Conference
Feb.26 Shenzhen Time Weekly Marketing Awarding Ceremony
- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?