China massive stimulus plan

China is doing Australia no favors with iron ore contracts

Posted on August 20th, 2009 in Australian stocks, australian stocks online, Bullish, China massive stimulus plan, china stock market, commodities, economic slowdown, FMG, Fortescue metals group, HSBC, india, iron ore, market, perth

China’s stocks rose 4.52 percent on Thursday’s close. The benchmark Shanghai Composite Index rose 4.52 percent, or 126.00 points, to finish at 2,911.58. The Shenzhen Component Index rose 3.91 percent, or 438.43 points, to end at 11,648.35.Combined turnover expanded only slightly to 191.33 billion yuan ($28.01 billion) from 191.07 billion yuan on the previous trading [...]

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soybean futures edge up In India

Posted on August 13th, 2009 in China massive stimulus plan, Futures, india

The shortfall in India’s monsoon rains since June 1 worsened to 28 percent on Aug. 8 from 25 percent three days earlier.Indian farmers so far have planted soybean on 9.37 million hectares compared with 9.13 million in the corresponding period of the previous year, government data showed late on Monday Indian soybean futures edged up [...]

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On miners gain, Aussie local shares up 2pc

Posted on November 09th, 2008 in aus, aussie dollar, Australian share market, Australian stocks, cent, China massive stimulus plan, commodity stocks, micro cap, mining industries, perth

The Australian share market trading became stronger at noon up to more than 2 percent, soon after China’s massive stimulus plan package released which boosted demand for commodity based stocks. The surge in local shares were led by mining industries.Th…

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