NewsPrimary ALAluminum of China shares climb up
27 SEPTEMBER 2013FNN Online

Aluminum of China shares climb up

Edited by : AL CIRCLE
1 min read
Aluminum of China shares climb up
Aluminum of China is one of today's notable stocks on the rise, up 2.8% to $9.08. The Dow Jones Industrial Average is now trading fractionally lower to 15,333 and the S&P is trading fractionally lower to 1,697.

Based on a current price of $9.08, Aluminum of China is currently 25.4% above its average consensus analyst price target of $6.77. The stock should hit resistance at its 200-day moving average (MA) of $9.83, as well as support at its 50-day MA of $8.53.

Aluminum of China share prices have moved between a 52-week high of $13.29 and a 52-week low of $7.25 and are now trading 25% above that low price at $9.08 per share. The 200-day and 50-day moving averages have moved 0.29% lower and 0.50% higher over the past week, respectively.

Aluminum Corporation of China Limited is a producer of alumina and primary aluminum in China. The Company refines bauxite into alumina and smelts alumina to produce primary aluminum.

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