Stocks are a share of the ownership of a company. If the company does well, or even if everyone thinks the company is going to do well, the price of the stock goes up. In addition, many companies give a little dividend payment each year to the stockholders, which provides extra value.
Showing posts with label Bank Credit. Show all posts
Showing posts with label Bank Credit. Show all posts

Chinese shares surge

Chinese shares closed up 1.71 percent on Wednesday, with oil majors gaining most amid expectations that Beijing may soon hike diesel and gasoline prices, dealers said. The Shanghai Composite Index, which covers A and B shares, rose 44.35 points to 2,632.93 on turnover of 103.3 billion yuan (15.1 billion dollars).

Thursday, May 28, 2009

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