Shares of Fuqi International Inc. (FUQI) gapped up Monday and climbed steadily in the first 45 minutes of trade. The stock was range-bound for the remainder of the session and closed up by $2.18 at $22.02. The stock rose above some resistance Monday and set a new high for the year. Fuqi International Inc. has experienced a sharp increase in both trading volume and share price over the last 2 months. The catalyst for the unusual movement appears to be company's first quarter earnings report.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.