Moreover, many institutions expected a cut in

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RIGA Cheap Jessie Bates III Jersey , Nov. 28 (Xinhua) -- Latvia's gross domestic product (GDP) in the first nine months of this year grew 2.5 percent compared to the same period last year, the Latvian National Statistics Office reported Friday.

Retail trade grew by 3.4 percent, including a 2.6 percent rise in retail sales of automotive fuel. There was a 4.3 percent increase in food sales and a 2.9 percent increase in sales of non-food products.

The increase in the transport sector was driven by the turnover growth in road transport. There was a 4 percent growth in freight transportation and 6 percent growth in passenger transportation.

Export of goods increased by 3.2 percent but export of services reduced by 6.4 percent. Import of goods dropped by 0.5 percent while import of services by 4 percent.

BEIJING, Nov. 28 (Xinhua) -- China's stock market closed out its best week in four years on Friday with a record turnovers.

Rate-sensitive shares including property firms Cheap Billy Price Jersey , insurers and brokers continued an upward trend following last Friday's interest rate cut. News on the introduction of the long-awaited deposit insurance scheme pushed up bank shares Friday.

The benchmark Shanghai Composite Index soared 1.99 percent Friday to finish at 2,682.84 points. It continued a 6-day winning streak and closed 7.9 percent higher for the week, the best since mid-October 2010.

The smaller Shenzhen Component Index jumped 1.6 percent to finish at 9,002.23 points. It ended the week with an overall 8 percent gain.

Total turnover on the two bourses expanded to a new high of 710 billion yuan (116 billion U.S. dollars) on Friday from the previous day's trading of 619 billion yuan Cheap Dre Kirkpatrick Jersey , thanks to positive market sentiment, new fund inflow into the market, and a large amount of funds returning to the market after unsuccessful subscriptions for new share offers.

China's stock market capitalization overtook Japan as the world's second largest after the United States, data from the two bourses showed after Thursday's close.

Analysts believed that the recent rally was mainly driven by the interest rate cut Cheap Vontaze Burfict Jersey , which boost market liquidity.

Moreover, many institutions expected a cut in the reserve requirement ratio for some banks soon, which is expected to unleash more funds into the equity market.

Lin Caiyi, chief economist of the Guotai Jun'an Securities Cheap Carlos Dunlap Jersey , said the Chinese economy now has the fundamentals to support a bull market.

Guotai Jun'an figures showed that 19 out of the 27 sectors that it tracked have seen profit improving, indicating marked progress in eliminating excessive production capacity.

Although growth of China's gross domestic product and industrial added-value continued to slow, the quality of the economy is improving, Lin said.

But analysts warned of risks from new share issuance as hundreds of companies are lining up to be listed. Reform and oversight are important in the new share offering process Cheap Tyler Eifert Jersey , they said.

Bank, aviation and petrol-chemical shares were strong on Friday.

Well-informed sources have told Xinhua that China is set to introduce its long-awaited deposit ins. http://wholesalesoccercheapjerseys.com/ Wholesale Cheap Jerseys China Wholesale Jerseys China Online Wholesale Basketball Jerseys Wholesale Basketball Jerseys From China Wholesale Baseball Jerseys From China Wholesale Soccer Jerseys Cheap Wholesale Hockey Jerseys For Cheap Cheap Jerseys Cheap Jerseys China

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