Chinese Stocks Moderately Higher on Inflation Data -Shanghai Metals Market

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Chinese Stocks Moderately Higher on Inflation Data

Data Analysis 03:48:11PM Feb 09, 2012 Source:SMM

BEIJING, Feb. 9 (Xinhua) -- China's stocks ended slightly higher on Thursday after official data showed a rebound in consumer price growth in January.

The benchmark Shanghai Composite Index moved up 0.09 percent, or 2.06 points, to close at 2,349.59.

The Shenzhen Component Index gained 0.03 percent, or 3.15 points, to finish at 9,560.73.

China's consumer price index, a main gauge of inflation, rose 4.5 percent year-on-year in January, up from 4.1 percent in December and 4.2 percent in November, the National Bureau of Statistics said Thursday.

 

Price

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Gold(99.99%)
Apr.23
279.3
-1.0
(-0.35%)
Gold(99.95%)
Apr.23
279.3
-0.8
(-0.30%)
#1 Silver(99.99%)
Apr.23
3519.0
5.0
(0.14%)
Silver(99.95%)
Apr.23
3504.0
5.0
(0.14%)
Silver(99.90%)
Apr.23
3489.0
5.0
(0.14%)

Chinese Stocks Moderately Higher on Inflation Data

Data Analysis 03:48:11PM Feb 09, 2012 Source:SMM

BEIJING, Feb. 9 (Xinhua) -- China's stocks ended slightly higher on Thursday after official data showed a rebound in consumer price growth in January.

The benchmark Shanghai Composite Index moved up 0.09 percent, or 2.06 points, to close at 2,349.59.

The Shenzhen Component Index gained 0.03 percent, or 3.15 points, to finish at 9,560.73.

China's consumer price index, a main gauge of inflation, rose 4.5 percent year-on-year in January, up from 4.1 percent in December and 4.2 percent in November, the National Bureau of Statistics said Thursday.