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 China stocks rise to weeks high. Show all posts
Showing posts with label China stocks rise to weeks high. Show all posts

China stocks rise to weeks high

Chinas main stock index rose 0.56 percent in heavy trade on Tuesday to a five-week closing high, gaining for a seventh day as property and financial shares remained firm although it underperformed overseas markets. The Shanghai Composite Index ended at 2,338.420 points, after opening higher in line with a US stock rally spurred by the release of details on the Obama administrations plan to purge toxic assets from bank balance sheets.

Wednesday, March 25, 2009

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