Tuesday, April 23, 2013

Construction, drug plays rise following quake





Shares in drug manufacturers, steelmakers and construction firms jumped in Hong Kong and Shanghai yesterday as investors bet medical and rebuilding demand will rise after an earthquake in Sichuan province that killed at least 186 people.


Sichuan Dikang Sci & Tech Pharmaceutical, a Chengdu-based drug maker, jumped by the daily limit of 10 per cent to finish at 5.97 yuan in Shanghai. Two local cement producers, Sichuan Golden Summit and Sichuan Shuangma Cement, both leapt 10 per cent yesterday.









via Business feed http://www.scmp.com/business/money/markets-investing/article/1221061/construction-drug-plays-rise-following-quake

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