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Warrant market maintains weak consolidation

http://www.sina.com.cn    11:54, August 28, 2008    China Securities Network

Warrant


This website news (Shanghai Securities News Ni Dan) closed early on the 28th, and the warrant market maintained its weak position following the market in the morning, with a rise/fall ratio of about 2:1. As of the early closing, Masteel CWB1 (580010. SH) still led the market with an increase of 4.73%, followed by Wuhan Steel CWB1 (580013. SH) with an increase of 2.15%, while Steel Vanadium GFC1 (031002. SZ) and Baosteel CWB1 (580024. SH) rose slightly, 0.84% and 0.83% respectively, ranking eighth and ninth respectively in the power market. On the decline list, Ejiao EJC1 (031007. SZ) was down at the end of the day, replacing Tsingtao Beer CWB1 (580021. SH) as the first variety of decline in the stock market, while Tsingtao Beer CWB1 (580021. SH) and Petrochemical CWB1 (580019. SH) always maintained a low consolidation trend, ranking second and third in the stock market decline list.

Market insiders said that today's weak market trend led to the weak consolidation of the warrant market. Although the impact of the steel price reduction did not affect the power market, the investment opportunities of steel warrants in the future market have gradually weakened, and the future risk depends.

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