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A-Shares Down, Air Stocks Slump
0670.HK, 600009.SH, 600115.SH, 600115.SH, CEA, China Eastern Airlines, China Southern Airlines, Shanghai International Airport
Posted by: Li Jun on Mar 14, 2008 | 19:03
Editorial Summary
The Shanghai Composite Index decreased 0.22 percent on Friday to close at 3,962.7, while the Shenzhen Composite Index dropped 0.87 percent to close at 1,237.3. Trading volume on the Shanghai and Shenzhen Stock Exchanges shrunk to RMB64.3 billion and RMB28.7 billion, respectively.
Air transportation stocks suffered from losses in Shanghai on Friday. Shares of Shanghai International Airport (600009.SH), China Eastern Airlines (600115.SH, 0670.HK, NYSE: CEA) and China Southern Airlines (600115.SH) fell 6.01 percent, 4.67 percent and 4.64 percent, to close at RMB22.84, RMB12.24 and RMB15.4, respectively.
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