Chinese shares edged down on rising home prices

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The Hang Seng Index inched down by 0.06% to close at 20,104.27 on Monday amid concerns that the PBOC will not implement stimulus measures as real estate prices started to rise again. In July, new house prices jumped in 50 out of 70 large and medium Chinese cities. Only four sectors in nine included in the index moved higher. On the upside were consumer goods and services. Sands China and Esprit Holdings rose by2.61% and 5.74%. On the downside were property developers on worries that property curbs will persist. China Resources Land, Sino Land and Henderson Land tumbled 0.80%, 0.74% and 1.47%, respectively. Financials also followed bearish trend, with bank of East Asia, Bank of Communications and China Construction Bank falling by 0.07%, 1.70% and 0.74%, respectively. Meanwhile, equities of telecommunication firms created strong pressure on the index as China Mobile extended previous slump, declining by 1.56%. On Friday, the mobile operator reported weaker than expected earnings in Q2.

 

Back to articles

Actual Topics

Mon, 20 Aug 2012 13:54:45 GMT

U.K. real estate prices decline

U.K. home sellers decreased asking prices by a record in August after the London Olympic Games and an unstable economic outlook confused potential buyers. Benchmark asking prices in England and Wales dropped 2.4% to 236,260 Pound from July, after a 1.7% slid, as reported on Monday. Costs tumbled 1.2% in London.

Mon, 20 Aug 2012 13:44:02 GMT

U.S. Leading Index jumped surprisingly in July

The U.S. CB leading economic index unexpectedly rose to 0.4% in July, after a 0.4 per cent drop in the month earlier, proving that the world's biggest economy is growing sustainably. Despite positive economic data during last month, the unemployment rate remains above 8% level since February 2009.  In the meanwhile, the U.S. economy grew by a tepid 1.5% in the second quarter, after expanding at

Subscribe to "Fundamental Analysis" feed

Subscrever
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre as opções binárias do Dukascopy Bank / Plataforma de negociação Forex, SWFX e outras informações relacionadas com Trading,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para saber mais sobre a plataforma de Trading / Trading de Crypto/ CFD / SWFX e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para saber mais sobre o programa de Introdutor de Negócios e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.