China A-shares end morning sharply higher on US rally; financials, airlines lead |
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Published
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Thu, 29 Nov 2007 04:43
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SHANGHAI (XFN-ASIA) - China A-shares finished the morning session sharply higher led financial firms, with sentiment overall getting a boost from two days of solid gains on Wall Street.Airline stocks also posted strong gains due to a pullback in oil prices and amid media reports that Air China may propose a new plan for a merger with China Eastern Airlines.The benchmark Shanghai Composite Index ended the morning up 90.07 points 1.88 pct at 4,893.47.The Shanghai A-share Index rose 94.53 points to 5,136.36 and the Shenzhen A-share Index was up 13.34 points at 1,293.96.The FTSE/Xinhua China A 50 Index was up 381.12 points at 19,037.75, while the FTSE/Xinhua China A 200 Index was up 217.92 points to 13,549.24.(1 usd = 7.4 yuan)lilian.wu@xfn.com-xfnlw/xfnrcCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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Quotes * |
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NASDAQ
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2792.28 |
22.57 (
0.81 %)
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| SYMBOL (
2012-01-19 ) |
| LAST |
CHANGE
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CARNIVAL
(
11:35am )
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2017.00 |
46.00 (
2.42 %)
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WHITBREAD
(
11:35am )
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1662.99 |
33.99 (
2.09 %)
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| SYMBOL (
2012-01-19 )
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| LAST |
CHANGE
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IBM
(
12:34pm ) |
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181.50 |
0.43 (
0.24 %)
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| SYMBOL (
2012-01-19 )
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CHANGE
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Hong Kong shares end morning sharply higher on US rally, China Mobile UPDATE 