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Baltic Dry Bulk Freight Index saw a sharp increase of 12%, driving up demand for shipping stocks. Particularly, PACIFIC BASIN (02343.HK)  +0.410 (+11.615%)    Short selling $23.89M; Ratio 15.250%   tested the 20MA ($3.92) and peaked at $3.96 this morning before last trading at $3.93, up 11%, with trading volume increasing to 21.31 million shares.

CHINA SHIP DEV (01138.HK)  +0.290 (+6.360%)    Short selling $1.87M; Ratio 1.593%   and CSCL (02866.HK)  +0.110 (+5.314%)    Short selling $9.61M; Ratio 7.221%   reclaimed the 20MA and 100MA ($4.8, $2.14%), and last stood at $4.86, up 6.6% and 5.3% respectively. CHINA COSCO (01919.HK)  +0.190 (+5.975%)    Short selling $2.08M; Ratio 2.332%   hit the session-high at $3.37 and was last at $3.35, up 5.3%, on volume of 11.85 million shares.

SINOTRANS SHIP (00368.HK)  +0.100 (+4.808%)    Short selling $484.64K; Ratio 4.566%   and SINOTRANS (00598.HK)  +0.230 (+3.827%)    Short selling $1.39M; Ratio 1.310%   saw price rise 2.9% and 2.3% to $2.14 and $6.15 respectively. OOIL (00316.HK)  +1.900 (+4.497%)    Short selling $375.60K; Ratio 1.127%   rebounded 4% to $43.95, recouping the 20MA ($43.8). 

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