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 Chinese stocks sag 3.8 percent. Show all posts
Showing posts with label Chinese stocks sag 3.8 percent. Show all posts

Chinese stocks sag 3.8 percent

Chinese stocks slid 3.76 percent on Wednesday in their biggest daily percentage drop in more than one month, as worries about first-quarter earnings and a possible slowdown in loan growth from the first quarters heated pace encouraged profit-taking. The Shanghai Composite Index ended at a two-week closing low of 2,347.385 points.

Thursday, April 9, 2009

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