Fund market moves up with a shrunk amount

By Fund China
Published: 23:26, January 24th, 2008

GUANGZHOU (Fund China) - Jan. 23, Wednesday, shanghai and Shenzhen Large Cap rebounded with a shrunk exchange volume. Funds in two bourses rose sharply and largely while the small Cap performed actively though the trading volume shrinking larger than a previous day. Shenzhen fund index moved up 4.26% to close at 4794.59 ultimately with a trading amount of 1.902 billion Yuan. And the shanghai fund index increased 4.28% and closed at 4794.59 with a 2.350 billion trading amount. The total exchange amount in two bourses is 4.252 billion Yuan, 29% smaller than a previous day.

Funds across the board all raise. Handing Fund grew 7.85%, ranking NO.1 in these two bourses while JinJing fund climbed more than 7%. Both these two funds are small Cap funds. 10 funds increased more than 5%. Hanxing fund was ranked top 1 due to its 161 million yuan trading amount. And there are 6 funds whose trading amount is above 100 million yuan.

Copyright Fund China 2008.

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