- Friday 2010-02-05 18:16
The Shanghai Composite Index tumbled 55.91 points, or 1.87%, on Friday to close at 2,939.40, on volume of 110.882 billion yuan. The Shenzhen Component Index ended at 11,917.14 points, down
252.34 points, or 2.07%, on volume of 82.478 billion yuan. The Shanghai Composite Index dropped 49.89 points, or 1.67%, from last Friday while the Shenzhen Component Index dropped 220.06 points, or
1.81%, from last Friday.
Hainan stocks fell after several days of strong gains, led by Hainan Yedao (600238, 20.75, -10.02%), Hainan Expressway (000886, 10.00, +9.99%) and Hainan Haide Industry (000567, 13.62, -9.98%).
Tianjin and Guangxi-based stocks rose on government policy support. Tianjin Jinbin Development (000897, 5.92, +10.04%), Tianjin Binhai Energy and Development (000695, 8.67, +10.03%) and Tianjin
Quanyechang (600821, 6.20, +9.93%), Beihai Gofar Marine Biological Industry (600538, 8.33, +10.04%) and Beihai Yinhe Hi-Tech Industrial (000806, 6.41, +9.95%) all hit the one day maximum.
Resource and mining stocks fell on lower commodity prices. Tibet Mineral Development (000762, 21.39, -5.73%), Dongliang New Building Materials (002082, 14.94, -5.56%), Hengyuan Coal Industry and
Electricity Power (600971, 28.30, -5.67%), Xishan Coal and Electricity Power (000983, 31.14, -5.12%) and Daye Special Steel (000708, 11.50, -5.19%) all fell over 5%.
