Chinese Stretch Film Machine stocks up 1.86% on Mon

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Chinese stocks up 1.86% on MonPublished: 27 Jul 2009 00:02:00 PST<p class="authorInfor"]</p]<!--begin CK content--]<ul class="narrow"]Top 5 News From ChinaKnowledge.comBaidu's revenue jumps 37% to RMB 1.1 bln in Q2Asus unveils motherboards with USB 3.0 portsThree PE firms to buy a 10% stake in China UnionPayHang Seng Index opens 188 points higher on MonBeijing Capital Land's H1 contracted sales revenue skyrockets<P]Jul. 27, 2009 (China Knowledge) - Chinese stocks ended higher on Monday, boosted by metal stocks.</P]<P]The benchmark Shanghai Composite Index, which covers both A shares and B shares on the Shanghai Stock Exchange, increased 1.86% or 62.61 points to close at 3,435.21 points after fluctuating between 3,435.93 and 3,376.29 points.<BR]<BR]The Shenzhen Component Index on the smaller Shenzhen Stock Exchange rose 1.56% or 211.68 points to 13,743.4 points, after touching an intraday low of 13,465.72 points. </P]<P]Gainers in the Shanghai market outnumbered decliners 709 to 101, while 44 were unchanged. Aggregated turnover on the two bourses was RMB 356.5 billion. </P]<P]Steelmakers were gainers. China's second-biggest steelmaker, Angang Steel Co Ltd<000898><0347>, swelled 5.85% to RMB 15.55. China's largest steelmaker, Baoshan Iron and Steel Co<600019>, increased 5.49% to close at RMB 8.65.</P]<P]Nonferrous metal firms were gainers. Aluminum Corp of China Ltd<601600><2600><ACH>, the nation's largest aluminum producer, jumped 8.05% to RMB 19.33. Shenzhen-listed Yunnan Copper Co Ltd<000878> surged by the daily limit of 10% to RMB 34.87.</P]<P]Sichuan Expressway Co Ltd<601107><0107>, China's leading road infrastructure operator, debuted today. It skyrocketed 202% to RMB 10.90 and was suspended from trading twice.</P]<P]Market heavyweight PetroChina<601857><0857><PTR>, the nation's top oil producer, increased 1.24% to close at RMB 16.38.</P]<P]Airline stocks ended higher. China Southern Airlines Ltd<600029><1055><ZNH>, the country's largest airline by fleet size, spiked the daily maximum of 10.09% to RMB 19.51. Air China Ltd<601111><0753>, the country's flag carrier, jumped 8.05% to RMB 9.13.</P]<P]Share prices of securities firms ended higher. Southwest Securities Co Ltd<600369> rose 2.05% to RMB 21.86. Haitong Securities Co<600837>, China's second-largest broker in terms of assets, grew 2.80% to RMB 19.11.</P]<P]Coal stocks ended mixed. Datong Coal Industry Co Ltd<601001>, the country's second-largest coal producer by capacity, fell 1.3% to RMB 51.61. China Coal Energy Co Ltd<601898><1898>, the country's second-largest coal miner by revenue, rose 1.59% to RMB 16.65.<BR]</P]
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