Sunday, February 20, 2011

Shanghai and Shenzhen 300 Index dropped all market opened low Warrants

 Shanghai and Shenzhen 300 index opened lower on August 20, intraday volatility low, the overall heavyweight fell, 22 rose, 267 fell. Industry sector all fell, environmental protection, coal, pharmaceutical, wine drop top, respectively, or 3.48%, 3.22%, 2.89%, 2.82%. the concept of plate all down, gold concept, the growth plate, the concept of decline of top shares were down 3.05%, 2.95%, 2.75%. warrants market all fell. Shanghai and Shenzhen 2 city warrants in the transaction, by the fall in the underlying shares, Jiangxi Copper fell 6.60% CWB 1. Changhong CWB 1 or 3.99%.
Shanghai and Shenzhen 300 Index opened lower after the 20th intraday volatility lower, the overall decline in heavyweight weighed on the market, the plates all fall, environmental protection, coal, pharmaceutical, wine led by a volume of yesterday's decline. than-expected U.S. economic data, the latest U.S. initial jobless claims at a high level so that damage to market sentiment, concern prospects for global economic recovery, the Department of Homeland Buzz rectify the storm, idle land investigation be completed before the end of October, to suppress the domestic market sentiment. the Government announced that the local government finance loan management platform specific provisions, the market worry that huge banks will have to provision for loan losses reserves in the banking sector under pressure. the broader market may extend short-term weakness. affected by the broader market sharply lower, down all the warrants market. copper prices also dragged down the performance of Jiangxi Copper CWB1, closing premium of the warrant was -2.70% and the negative premium level reduced. the future performance of the broader market weakness warrants market disadvantage.
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