Most Chinese Stocks Drop on Earnings Concerns After Sany Outlook-Shanghai Metals Market

Hot Keywords

  • Inventory data
  • Rare earths
  • Market commentary
  • Rare earth
  • Aluminium
  • Zinc
  • Copper
  • Macroeconomics
  • Sales data
  • Customs data
  • MMi Iron Ore Port Index
  • Iron ore
  • precious metals
  • Nickel
  • Futures movement

Most Chinese Stocks Drop on Earnings Concerns After Sany Outlook

Industry News 10:29:42AM May 08, 2012 Source:SMM

May 8 (Bloomberg) -- Most Chinese stocks fell after Sany Heavy Industry Co. said it may cut its sales forecast for this year, boosting concern a slowing property market will hurt earnings in the construction industry.

The Shanghai Composite Index slipped 0.2 percent to 2,446.36 at 9:45 a.m. local time. The CSI 300 Index dropped 0.4 percent to 2,706.96, led by material and financial stocks.

Key Words:  Chinese stock 

Price

more
SMM #1 Nickel
Sep.20
137100.0
450.0
(0.33%)
#1 JinChuan Nickel
Sep.20
137250.0
450.0
(0.33%)
#1 Import Nickel
Sep.20
136950.0
450.0
(0.33%)
JinChuan B&C
Sep.20
750.0
0.0
(0.00%)
Russian nickel premium
Sep.20
500.0
50.0
(11.11%)

Most Chinese Stocks Drop on Earnings Concerns After Sany Outlook

Industry News 10:29:42AM May 08, 2012 Source:SMM

May 8 (Bloomberg) -- Most Chinese stocks fell after Sany Heavy Industry Co. said it may cut its sales forecast for this year, boosting concern a slowing property market will hurt earnings in the construction industry.

The Shanghai Composite Index slipped 0.2 percent to 2,446.36 at 9:45 a.m. local time. The CSI 300 Index dropped 0.4 percent to 2,706.96, led by material and financial stocks.

Key Words:  Chinese stock