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Some small cap warrants are slightly more resilient

http://www.sina.com.cn    01:36, August 8, 2008    China Securities Network - Shanghai Securities News

⊙ Special writer Liu Xuan

The stock market fluctuated on Thursday. On the warrant market, the call warrants rose more than fell, and some small cap varieties were slightly more resistant to falls. In terms of transaction, the total transaction volume of warrants yesterday was 10.407 billion yuan, 15.36% less than the previous day.

Tsingtao Beer CWB1 rose in shock, closely following the positive shares, closing up 5.75%, ranking first in the list of increase in subscription warrants. Three of the steel warrants received dividends. Steel Vanadium GFC1 closed green with the weakness of the positive shares, and fell 3.67% yesterday, which was the biggest drop among the subscription certificates.

In the small cap subscription certificate, Guoan GAC1 rose 2.55% with the dividend of the stock. Shengao CWB1 and Jiangxi Guangdong CWB1 both rose within 1% against the market when the positive shares closed green. COSCO CWB1 fluctuated in a narrow range throughout the day, down 0.07% slightly. However, compared with the 2.49% decline of regular shares, this variety showed a certain resilience. And ZTE ZXC1's daily decline was only 1.36% when the main stock fell 4.30%.

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