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 Hong Kong shares hit five-week high. Show all posts
Showing posts with label Hong Kong shares hit five-week high. Show all posts

Hong Kong shares hit five-week high

Hong Kong shares rose 3.1 percent to a five-week high on Monday as investors took heart from the US governments latest plan to stabilise financial markets, but HSBC slid as its rights began trading. HSBC weighed on the main index, dropping 3.5 percent to HK$40 as its deeply discounted rights shares began trading, adding to the volatility in the underlying shares.

Tuesday, March 24, 2009

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