SSE Composite Closes Higher as China Maintains Steady Policies in 2013 -- City Index Asia
(firmenpresse) - SINGAPORE -- (Marketwire) -- 12/20/12 -- The primary Chinese benchmark, the Shanghai SSE Composite index, closed on a flat footing this morning (December 19th) after the World Bank raised its growth forecast for the world's second-largest economy.
According to the organisation, stimulus measures and the approval of infrastructure projects in the country will help drive growth, averting the slowdown so many had feared.
Chinese policymakers have approved two interest rates since June and have signed off on infrastructure projects worth in excesses of $150 billion (£94 billion).
The international financial institution added that the improvement in factory sector output and investment indicates the economy is "bottoming out."
Indeed, the World Bank now anticipates China to grow by 8.4 per cent next year, which is an upward revision from its earlier estimate of 8.1 per cent.
At close of play this morning, the Shanghai Composite index was flat, ending the day on 2162.2 points.
City Index is a leading global provider of margined FX trading, CFD trading. As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide.
, is an agreement between two parties to exchange the difference between the opening price and closing price of a contract.
, unlike other forms of traditional trading, enable you to go short so you can potentially profit from falling prices as well as rising markets. As CFDs are a leveraged product, you can potentially enhance your return on investment.
Your losses are magnified in exactly the same way as your gains if the market moves against you and can result in losses exceeding your initial outlay. Please ensure you fully understand the risks involved.
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 21.12.2012 - 01:00 Uhr
Sprache: Deutsch
News-ID 215083
Anzahl Zeichen: 0
contact information:
Town:
SINGAPORE
Kategorie:
Investment Services & Trading
Diese Pressemitteilung wurde bisher 334 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"SSE Composite Closes Higher as China Maintains Steady Policies in 2013 -- City Index Asia"
steht unter der journalistisch-redaktionellen Verantwortung von
City Index Singapore (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
