Tens of thousands of big hands single uplift Cosco shipping

Source: Internet
Author: User
Keywords Shipping
Cosco, which has always shown calm in the two-tier market, has been on the rise for nearly two consecutive trading days. After the day after the reversal of the city, Cosco Shipping yesterday is more than tens of thousands of hands of the big Tanra lift, the day up 5.3%, closed at 8.15 yuan, the transaction amount of 219 million yuan.  The company's biggest daily gain in nearly 5 months.  Analysts believe that the shipping plate into the peak season, freight will gradually improve, more importantly, because the company's fundamentals are improving, COSCO shipping share price has now started to show signs. Three-to-1 million large single lift pull Cosco shipping yesterday morning plate appeared two waves pulled up. COSCO Shipping opened low open low go, then at about 10:15 pull up and turn red, in the flat coil near the oscillation. The next more fierce wave appeared at about 10:50, 5 minutes to 3 more than 1 million shares of the big single, 3 pay total 3.0033 million shares, the stock price also rose abruptly, and break through 30 daily average.  Subsequently, the share price fell back to the 8 Yuan Gateway platform Oscillation until the close, closed under the 30th EMA. COSCO Shipping has been poor this year, especially in the last two months, not only the stock price has fallen in recent days, turnover has continued to shrink, a few day turnover rate of not more than 1%.  This week, however, the Unit has been strengthening against the city for two consecutive days. The strength of COSCO shipping is related to the fundamentals. Since the beginning of this year in late May, the container shipping market has gradually entered the peak season, cabin tension, most of the routes show the momentum of Zisheng price. Yesterday, more sources said Cosco Group has successfully adjusted the annual freight across the Pacific route. At the same time, the Asia, the Australian Freight Agreement Organization (AADA) member shipping company also decided to increase the tariff and the peak season surcharge gradually from July to October period. In addition, China's export container Freight index SCFI6 4th to 1502 points, creating a new Year's record.  Analysts said that 2010 container demand growth will exceed capacity growth, the second half of the container shipping prices are expected to continue to increase momentum.  However, the performance of other shipping stocks in general yesterday, the Chinese ocean, merchants, China Shipping, the day close only slightly rose. Optimistic about the recovery and expansion capacity for the rise in share prices, Cosco shipping dong She Jundong said, there is no special feeling. He told reporters: "At present the company's status is that each boat type are slightly profitable, but it is not a big rich expensive period, but in the stage of a little."  However, She Jundong revealed that at present the company's business volume is very full, part of the business is to be chartered to do. It is understood that while bullish on the future recovery of the shipping industry, the company in order to expand future business volume, is trying to expand capacity. COSCO Shipping This year has been crazy down 10 27,000 tons of new multi-purpose ship orders, intends to build a global flagship of special ship transport. This is the largest investment project in the field of multipurpose ships and special ships since the financial crisis. It is understood that COSCO shipping after the continuation of the order to order the ship's plan.  At the same time, the company also increased global marketing efforts, but also with COSCO Group Europe to sign a cooperation agreement, using the group's network to break through the European market. Prior to that, the director of the China Institute of Securities ResearchAfter the research, the company's capacity will be increased from the end of 2009 to 1.18 million deadweight tons to 2015 end of the 2.1 million dwt, nearly doubled.  She Jundong said that the company ordered a number of new ships, capacity in the increase, at present also in the expansion of the marketing network, marketing to promote, in order to obtain benefits. She Jundong also said that the recent decline in international oil prices, fuel oil prices will continue to fall, the company to control the cost of fuel oil is also a certain positive.
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