Shanghai stock alert

CHINA

CLOSING UPDATE: Guotai Junan Securities inches higher, resistance at 12-day EMA 18 October 2017 15:54 CST

NEWS BITES - BRIC

This is an end of day Alert, produced after today's Shanghai market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Guotai Junan Securities, Shanghai's largest diversified financial services company by market capitalisation, has increased 1.4% but fell short of the 12-day Exponential Moving Average [EMA] of CNY21.30. Compared with the SSE 180 Index which rose 68.9 points (or 0.8%) in the day, this represented a relative price increase of 0.6%.

TODAY'S ALERT

Morning Alert: Guotai Junan Securities increases 0.4%, leads Diversified financial services sector higher

18 October 2017 10:42 CST

Guotai Junan Securities Co Ltd (SS:601211) has increased 0.4% to trade at CNY21.09 vs. the Diversified financial services sector which strengthened 27.8 points (or 0.2%) to 16,489.3. Representing a weighting of about 21.4% of the sector, the stock accounted for 53.9% of today's gain. The shares have outperformed 85% of the market in the past six months. Trading volume was 94% of average so far today.

RECENT ALERTS

CLOSING UPDATE: Guotai Junan Securities decreases 0.1%

16 October 2017 15:54 CST

Guotai Junan Securities, Shanghai's largest diversified financial services company by market capitalisation, traded on volume of 0.5 times average today while the price decreased 2.0 fen (or 0.1%) to trade at CNY21.20. Compared with the SSE 180 Index which rose 41.8 points (or 0.5%) in the day, this represented a relative price change of -0.6%.

Afternoon Alert: Guotai Junan Securities increases 0.5% - outperforming 86% of stocks

16 October 2017 13:03 CST

Guotai Junan Securities Co Ltd (SS:601211) has increased 11.0 fen (or 0.5%) today to trade at CNY21.33 and has outperformed 86% of the market in the past six months. A price rise combined with a high relative strength is a bullish signal.

Guotai Junan Securities Co Ltd (SS:601211; SHA:601211; CH:601211)

ISIN: CNE1000022F3

PermID: 5000064299

Source: www.BuySellSignals.com