investpro   
Member since: Nov 06
Posts: 1628
Location: carl sagan's universe

Post ID: #PID Posted on: 30-08-07 07:11:43

China stocks tracked recoveries in neighboring markets Thursday, with laggard stocks rising on bargain hunting.

The benchmark Shanghai Composite Index gained 58.46 points, or 1.1 percent, to 5,167.88. The Shenzhen Composite Index rose 2 percent to 1,439.80.

Despite the rebound, analysts said they expect the market's bull run to slow soon amid revived concerns that Beijing will move to cool the markets after Chinese President Hu Jintao called Wednesday for stronger supervision of the financial system.

Shanghai's benchmark index is up 93 percent so far this year, and China's economy expanded 11.5 percent in the first half of the year, putting China on track for its fastest annual growth since 1994.

http://www.iht.com/articles/ap/2007/08/30/business/AS-FIN-MKT-China-Markets.php

HK rose 400 points! Nikkei up.

Europe up. But Dow futures down. TSX might go up today based on the higher prices with West Texas at $73 plus.

TSX and Dow up yesterday- regaining day before's slide

BSE breaks 15000 again. We gotta watch for a 16000 breakout. Then onward to 20000

INDICES Points +-Pt +-%
SENSEX é 15,121.74 128.70 0.86
MIDCAP é 6,485.44 35.05 0.54
SMLCAP é 7,957.96 83.74 1.06
BSE-100 é 7,745.63 58.46 0.76
BSE-200 é 1,830.04 13.43 0.74
BSE-500 é 5,859.48 41.25 0.71



investpro   
Member since: Nov 06
Posts: 1628
Location: carl sagan's universe

Post ID: #PID Posted on: 31-08-07 07:32:55

There was Bruce Lee and "Fists of Fury" and now there is Hang Seng Index and its fury.

A 500 point jump to close just a shot away from 24000! Record high!

And China also rises (Take off from Hemingway's "The Sun also Rises";)!
record close above 5200!


SHANGHAI, China: Chinese stocks closed at a fresh record high Friday, with airlines and steel makers soaring on expectations of strong corporate earnings.

The benchmark Shanghai Composite Index gained 50.94 points, or 1 percent, to 5,218.83 — the first time it has closed above 5,200.

The Shenzhen Composite Index rose 1.3 percent to 1,457.83, also a record close.

"Chinese stocks aren't cheap but local investors still like to put their savings into the stock market, as improved corporate earnings lead them to believe they will make more money from equity investments," said Xu Yinhui, an analyst at Guotai Junan Securities.

The combined net profit of China's 1,471 listed companies jumped 71 percent

http://www.iht.com/articles/ap/2007/08/31/business/AS-FIN-MKT-China-Markets.php

BSE up 198 points to 15318.60

SENSEX é 15,318.60 196.86 1.30
MIDCAP é 6,608.42 122.98 1.90
SMLCAP é 8,060.52 102.56 1.29
BSE-100 é 7,857.61 111.98 1.45
BSE-200 é 1,857.70 27.66 1.51
BSE-500 é 5,950.11 90.63 1.55

Europe up. Dow futures up a 100 points! US economy grows at 4%.
Will the Fed drop interest rates in light of this news? Using the cash crunch logic due to sub-prime crisis , it would, but with this countering?




investpro   
Member since: Nov 06
Posts: 1628
Location: carl sagan's universe

Post ID: #PID Posted on: 04-09-07 06:44:19

Chinese stocks rose to a new record close Monday as airlines surged on news of a deal involving China Eastern Airlines, Singapore Airlines and Temasek Holdings.

The benchmark Shanghai Composite Index gained 102. 23 points, or 2 percent, to 5,321.06, the first time it has closed above 5,300.

The Shenzhen Composite Index rose 2 percent to 1,487.89, also a record close.

HK flat in red. Nikkei down.

Europe mixed.
Dow futures down.
West Texas oil above $74.
Silver above $12.

Prognosis is that oil and materials will rise giving hopes that TSX will also rise.

BSE inches up 43 points at 15465

SENSEX é 15,465.40 43.35 0.28
MIDCAP é 6,765.92 45.85 0.68
SMLCAP é 8,270.95 76.50 0.93
BSE-100 é 7,952.40 28.11 0.35
BSE-200 é 1,883.23 6.89 0.37
BSE-500 é 6,039.74 25.77 0.43





investpro   
Member since: Nov 06
Posts: 1628
Location: carl sagan's universe

Post ID: #PID Posted on: 07-09-07 08:46:21

China stocks fall after latest tightening measures
By Dong Zhixin (chinadaily.com.cn)
Updated: 2007-09-07 16:13


China's major stock index tumbled more than two percent on Friday after the central bank ordered commercial banks to set aside more money as reserves for the seventh time this year.

The benchmark Shanghai Composite Index dropped 116.48 points, or 2.16 percent to close at 5,277.17 points. The Shenzhen Composite Index decreased 1.91 percent to 1,457.80, and the CSI 300 Index was down 2.17 percent to 5,294.79.

The fall came after the People's Bank of China (PBOC) announced a hike in commercial banks' reserve requirement ratio by 50 basis points to 12.5 percent, effective September 25, in an effort to curb credit growth.

http://www.chinadaily.com.cn/china/2007-09/07/content_6090012.htm

Europe also down. Dowfutures down. Oil up, Gold up.

BSE down 25 points. Nikkei down. HK down.



investpro   
Member since: Nov 06
Posts: 1628
Location: carl sagan's universe

Post ID: #PID Posted on: 10-09-07 16:10:52

Chinese stocks recovered from early losses Monday, helped by strong buying of railways and gold mining shares. Meanwhile, the Chinese yuan surged to a fresh record high against the U.S. dollar.

With economic data for August due out later this week, analysts said they expected share prices to stabilize as investors watch for new moves to cool the economy. Upcoming initial public offerings also are expected to soak up liquidity, slowing recent price gains.

The benchmark Shanghai Composite Index gained 78.11 points, or 1.5 percent, to 5,355.29. The Shenzhen Composite Index rose 1.5 percent to 1,479.12.

http://www.iht.com/articles/ap/2007/09/10/business/AS-FIN-MKT-China-Markets.php

BSE flat in green up 6 points

INDICES Points +-Pt +-%
SENSEX é 15,596.83 6.41 0.04
MIDCAP é 6,884.39 32.74 0.48
SMLCAP é 8,514.37 80.85 0.96
BSE-100 é 8,024.06 18.89 0.24
BSE-200 é 1,901.52 4.97 0.26
BSE-500 é 6,101.85 16.76 0.28


Europe down. Gold and oil up. TSX down . Dow up.





investpro   
Member since: Nov 06
Posts: 1628
Location: carl sagan's universe

Post ID: #PID Posted on: 11-09-07 08:42:55






CHINA

A-shares closed sharply lower after August inflation data raised worries that authorities will take further economic tightening measures, including interest rate hikes.

The National Bureau of Statistics announced that the consumer price index (CPI) rose 6.5 pct year-on-year in August, accelerating from the 5.6 pct growth recorded in July and the highest monthly inflation level since December 1996.

The benchmark Shanghai Composite Index ended the day down 4.5 pct at 5,113.97, the largest daily drop since July 5.

The Shanghai A-share Index fell 4.5 pct to 5,369.00 and the Shenzhen A-share Index was down 5.3 pct at 1,471.22.

The Shanghai B-share Index fell 3.4 pct to 325.84 and the Shenzhen B-share Index was down 3.6 pct at 719.55.


http://www.forbes.com/afxnewslimited/feeds/afx/2007/09/11/afx4103303.html

BSE started up but ended down.

INDICES Points +-Pt +-%
SENSEX ê 15,542.77 -54.06 -0.35
MIDCAP ê 6,875.74 -8.65 -0.13
SMLCAP é 8,529.09 14.72 0.17
BSE-100 ê 8,007.42 -16.64 -0.21
BSE-200 ê 1,898.58 -2.94 -0.15
BSE-500 ê 6,093.12 -8.73 -0.14

Europe up. Nikkei up. HK down.

Dow futures up.

If you guys think sentiment has nothing to do with the stock market think again. Wall Street is determined to make the Dow go up today anyhow.
No prizes for discerning the reason. And it's all got to do with emotion.

But who knows what will unfold.




investpro   
Member since: Nov 06
Posts: 1628
Location: carl sagan's universe

Post ID: #PID Posted on: 12-09-07 13:35:20

China climbs 59 points to 5172.63

http://today.reuters.co.uk/investing/marketindices.aspx

BSE loses 37 points

INDICES Points +-Pt +-%
SENSEX ê 15,505.36 -37.41 -0.24
MIDCAP é 6,889.55 13.81 0.20
SMLCAP é 8,572.35 43.26 0.51
BSE-100 é 8,014.14 6.72 0.08
BSE-200 é 1,900.18 1.60 0.08
BSE-500 é 6,101.23 8.11 0.13

Europe up slightly. Oil up to past $79 a barrel- So stock up on your gas. It will rise tomorrow.

Gold up.

TSX up but not as much as one expected it to go.

Nikkei slides and HK vaults to all-time high ( I think- no time to chk just basing on memory) of 24310!

Cool




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