Metal Producers: Percent and China Ltd

metal producers: Metal producers including Jiangxi Copper Co. and Aluminum Corp. of China Ltd. were among the biggest gainers on Friday, according to Bloomberg. The Hang Seng China Enterprises Index slipped 1.2 percent. The Shanghai Composite Index climbed 0.8 percent to close at 3,196.04, taking its advance from its Jan. 28 low to more than 20 percent. Gains this quarter have been led by commodity producers and construction companies as the government boosts spending to bolster growth and the price of everything from coal to copper surges. The benchmark gauge may go as high as 3,900, Li said. The benchmark gauge has rallied more than 6 percent since the end of September as cities including Shanghai unveiled curbs to cool the housing market, while margin debt is also rising. function global function ad Code dimensions id 1 0 2 1 10 strategy targeting targeting Modifiers ; ; window ; Liquidity is abundant and property curbs will prompt more money to flow into stocks, which look undervalued relative to homes in large cities, said Li Jingyuan, general manager at Shanghai Bingsheng Asset Management. (news.financializer.com). As reported in the news.