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Market falls for a second day

Business | Securities
2011-8-30

THE Shanghai market yesterday fell for the second day after financial shares and property developers declined amid concerns over further tightening of monetary policy. The Shanghai Composite Index dipped 1.4 percent...

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Stocks resume fall on banking, property news

Business | Securities
2011-8-29

THE Shanghai market fell for the second day asfears over more tightening measures soured sentiment among financial and property shares. The benchmark Shanghai Composite Index was down 1.37 percent, or 35.78 points,...

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Stocks index slides more than 1%

Business | Securities
2011-8-29

THE Shanghai market lost more than 1 percent in the morning session after financial shares declined among tighter liquidity concerns and weak performance of property developers. The benchmark Shanghai Composite...

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Key index not likely to slide sharply

Business | Securities
2011-8-29

SHARES in Shanghai may fluctuate between 2,500 and 2,680 this week as fears of inflationary pressure seem to be ebbing and this will help the key stock index consolidate its first weekly gain in one-and-a-half months...

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Stocks recover after Bernanke predicts US growth

Business | Securities
2011-8-27

STOCKS rose in early afternoon trading yesterday after Federal Reserve Chairman Ben Bernanke said the US is on track for long-term economic growth. Bernanke left open the possibility of more action by the Fed if...

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Inflation, PetroChina drag down key index

Business | Securities
2011-8-27

SHANGHAI stocks slipped yesterday, with the nation's biggest oil producer weighing down on the market after reporting a slump in profit while concerns over inflation persisting. The Shanghai Composite Index lost...

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Stock close down on company reports, inflation fears

Business | Securities
2011-8-26

SHANGHAI stocks slipped today, with the nation's biggest oil producer weighing down on the market after reporting a slump in profit, while concerns flamed up again over expected inflationary growth. The Shanghai...

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Inflation fears bear down on stocks

Business | Securities
2011-8-26

SHANGHAI'S key stock index dropped in morning trade as fears over growing inflationary expectations spread. The benchmark Shanghai Composite Index fell 0.79 percent to 2,594.72 points. Turnover stood at 46.7 billion...

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Stocks sink, ending a three-day rally; Dow off 170

Business | Securities
2011-8-26

A three-day stock rally ended much like it began, with a steep and sudden turn. Stocks started higher early yesterday but turned lower within 20 minutes. Indexes in the US and Europe sank after Germany's main...

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Shares jump on strong earnings

Business | Securities
2011-8-26

SHANGHAI'S key stock index yesterday made its biggest daily jump in 10 months on strong earnings reports and other gains in Asia. The Shanghai Composite Index surged 2.9 percent, the most since October 15, to...

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Stocks jump most in 10 months

Business | Securities
2011-8-25

SHANGHAI'S key stock index jumped the most in 10 months on strong earnings reports. The benchmark Shanghai Composite Index was up 2.92 percent to 2,615.26 points. Turnover was 106 billion yuan (US$16.6 billion). ...

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Shanghai shares up on better US data

Business | Securities
2011-8-25

SHANGHAI'S key stock index jumped this morning taking cue from strong US market overnight after worries for another recession eased on rising orders on long-lasting orders. The benchmark Shanghai Composite Index...

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Stocks stage afternoon rally; Gold plunges US$104

Business | Securities
2011-8-25

A late afternoon surge pushed stocks higher for the third day straight. The Dow Jones industrial average finished with a gain of 144 points yesterday, but only after veering much of the day from gains to losses and...

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Shares decline for the sixth day in seven

Business | Securities
2011-8-25

SHARES in Shanghai yesterday fell for the sixth day in seven, with China Life Insurance dropping to a record low after the country's biggest insurer's half-year earnings report fell short of investors' expectations. ...

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Bad earnings reports drag stocks down

Business | Securities
2011-8-24

MORNING gains were erased during afternoon trade on the Shanghai Stock Exchange that closed down today – dragged down by China Life Insurance Co after its half year earning report missed investors' expectations. ...