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BillionStocks

Saturday
Jul 31st
Market News > Market Wrap > Looking for Direction

26

Mar

Looking for Direction E-mail

Wednesday, China shares rallied in the morning session but weakened in the afternoon. The Shanghai composite index climbed to an intraday high of 3698.32 by the end of the first trading hour but following an unsuccessful attempt to advance higher the index turned around and touched the day's lows of 3591.11 before closing at 3606.86, a loss of 22.76 or 0.63%. 481 stocks declined against 291 advancing issues, while 79 remained unchanged. The Shenzhen component index showed relative strength rising 2.85% in the morning but slid to close at 13489.09, a gain of 61.81 or 0.46%. 293 issues advanced while 315 fell and 88 remained unchanged.


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Sectors

Mining & Metals
2008 Annual Net Profit Distribution

(600165) NING XIA HENG LI STEEL WIRE ROPE CO.LTD

At the Annual General Meeting of Shareholders of 2008 on 10 Mar 2009, with the following resolutions were passed after discussion:
2008 Annual Report and its abstract
the proposal of 2008 annual net
Banking & Finance
3 Related Transaction Agreements Signed

(600036) CHINA MERCHANTS BANK CO.,LTD

On 5 Jan 2009, the company and its affiliates (hereinafter jointly referred to as the company) signed the following agreements respectively:
the cooperation agreement on insurance sale with CIGNA &
 
Technology
Board Resolutions Of Repealing Proposals And Establish New Company

(600605) SHANGHAI LIGHT INDUSTRY MACHINERY CO.,LTD

On 15 Jan 2009 at the 33rd meeting of the fifth Board of Directors, the following resolutions were resolved after discussion:
the proposal of repealing the resolution of "Investing to Establish a
Real Estate
Response to Unusual Share Price Movement

(600381) QINGHAI BAICHUNLU CO.,LTD.

The stock price of the company reached its maximum intraday limit in three consecutive trading sessions on 5, 6 and 7 Jan 2009, thus constituting an unusual price movement.
The company and its