Major stocks had a subdued day today, which after the falls in the past week feels like an improvement. Seven stocks rose on the day, though none by over 1%; SAIC Motor was the biggest riser, at 0.63%, but coming off its decline of 5.4% on Monday, that hardly feels like a triumph. I wouldn’t call it a dead cat bounce quite yet, though. CNOOC rose 0.14 on the day to close at HK$14.20, but over the month has fallen over 10%, which some have suggested puts it into “oversold” territory.
None of the major stocks fell by over 1%. China Construction Bank came close, falling by 0.94%, as did Dongfeng Motor, marginally better at 0.92%. In all ten stocks fell, while three were flat over the day.
The Shanghai Composite Index closed down 2.79 points, or 0.13%, to close at 2148.29.
|Name||Price||Change||Mkt cap||52wk high||52wk low||EPS||P/E|
|China Construction Bank||4.23||-0.04 (-0.94%)||1.06B||5.19||3.9||CN¥0.85||5|
|Agricultural Bank||2.53||-0.01 (-0.39%)||821,729M||3.28||2.38||CN¥0.50||5.04|
|Bank of China||2.7||0.00 (0.00%)||753,701M||3.26||2.48||CN¥0.53||5.09|
|China Mobile||80.35*||-0.35 (-0.43%)||1.62B||91.8||74.9||HK$8.17||9.83|
|Noble Group||1.03||0.00 (-0.48%)||6,8593M||1.27||0.785||SGD0.04||28.85|
|China State Construction||3.29||+0.01 (0.30%)||98,7000M||4.18||2.9||CN¥0.62||5.34|
|China Railway Construction||4.97||-0.03 (-0.60%)||61,318M||6.49||3.95||CN¥0.84||5.9|
|China Railway Group||2.79||0.00 (0.00%)||59,427M||3.41||2.3||CN¥0.44||6.36|
|SAIC Motor||14.38||+0.09 (0.63%)||158,548M||19||11.83||CN¥2.05||7.01|
|China Life Insurance||15.13||+0.02 (0.13%)||427,645M||22.7||12.88||CN¥0.97||15.65|
|Dongfeng Motor||12.96*||-0.12 (-0.92%)||111,665M||13.28||9.48||HK$1.37||9.44|
|China Shenhua||16.14||+0.07 (0.44%)||321,0186M||25.7||15.51||CN¥2.25||7.17|
|Ping An Insurance||41.85||-0.14 (-0.33%)||331,291M||53.27||31.69||CN¥3.45||12.13|
|China Telecom||3.88*||0.00 (0.00%)||314,018M||4.46||3.48||HK$0.26||15.06|
|China Communications Construction||4.2||-0.02 (-0.47%)||67,934M||5.79||3.8||CN¥0.81||5.19|
|Bank of Communications||4.09||+0.01 (0.25%)||303,735M||5.68||3.68||CN¥0.84||4.85|