Monday, October 1, 2012

Mining shares back in favour after steep fall in the past year





Directors' purchases of company shares saw a modest rise last week, with 42 companies reporting 176 purchases worth HK$125 million, compared with the previous week's 153 deals valued at HK$104.4 million.


Most purchases were in mining stocks as they received price support following the steep fall in the past year.


Meanwhile, the sale of company shares by directors surged for the second straight week. Thirteen firms reported 56 disposals, worth HK$119.7 million, up from the previous week's 11 companies and 43 disposals valued at HK$60.9 million.









via Business feed http://www.scmp.com/business/article/1051097/mining-shares-back-favour-after-steep-fall-past-year

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