Trade Resources Market View Along with Rising of Glass Futures,The Glass Share Begins to Attract Market Attention

Along with Rising of Glass Futures,The Glass Share Begins to Attract Market Attention

(China Glass Network) Along with rising of glass futures, the glass share begins to attract market attention. Yesterday, Yaopi Glass (600819) had limited-up. Luoyang Glass (600876),Nnbo  A(000012) and Jingang Glass (300093) raised respectively in 5.79 percent, 4.20 percent and 3.35 percent and listed the top.

However, the business was not going well as the share. Let’s take example of Yaopi Glass. It suffered a loss of 3.7292 million at the first three quarters, dropping 103.86 percent than last year. Last year, the loss of Luoyang Glass was as high as 41.5996 million yuan. But for Nanbo Glass, it realized profit 4030 million yuan which still dropped 70.29 percent than last year.

In all, the glass market was not as optimistic as they expected.

Source: http://www.glassinchina.com/news/newsDisplay_19953.html
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Glass Share Rises Following Futures
Topics: Construction