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Chalco big week in Shanghai

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Shanghai_2 September 27, 2013 (Chinavestor) Chinese stocks advanced slightly on Friday on the back of a resilient Dow. The Hang Seng Index (INDEXHANGSENG:.HSI) rose 82.0 points or 0.4% while the Shanghai Composite Index (SHA:000001) advanced 4.2 points or 0.2%.

Aluminum Corp. of China (SHA:601600), China's largest aluminum maker, rose the maximum allowed 10% for the second day in the week as strong manufacturing data spurred demand for the metal.

Hong Kong listed shares of the company (HKG:2600) rose 2.1%, the fifth best among components of the 50 member index. Chinese shipping lanes fell on profit tasking. Shina Shipping Development (HKG:1138) and China COSCO (HKG:1919) fell 3.1% and 2.8%, respectively.

See following chart for details.

pre_20130927



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