Shanghai stock alert

CHINA

CLOSING UPDATE: Guangzhou Automobile - A Share increased further 0.4%, led Auto manufacturing sector higher 21 July 2017 15:53 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).

Guangzhou Automobile - A Share, Shanghai's largest auto manufacturing company by market capitalisation, has increased 1.6% to trade at CNY26.53 vs. the Auto manufacturing sector which strengthened 867.8 points (or 1.3%) to 67,161.8. Representing a weighting of about 79.2% of the sector, the stock accounted for 99.6% of today's gain. The shares have outperformed 81% of the market in the past three months. Trading volume was 1.8 times average at the end of the day. Compared with the SSE 180 Index which fell 49.4 points (or 0.6%) in the day, this represented a relative price increase of 2.2%.

Technical indicators complementing today's significant uptrend:

+ In the last three months the stock has hit a new 52-week high thrice.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

+ Dividend yield of 1.1% [1.0%]

Note

Guangzhou Automobile - A Share today is at a discount of 6.7% to the 12-month high of CNY28.43 on 20 Jun, 2017. It is at a premium of 24.2% to the 12-month low of CNY21.36 on 01 Sep, 2016.

Bearish Signals:

The negative 0.15 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

The price sank 4.8% in the last month.

TODAY'S ALERT

Afternoon Alert: Guangzhou Automobile - A Share increases 1.2%, leads Auto manufacturing sector higher

21 July 2017 13:01 CST

Guangzhou Automobile Group Co., Ltd - A Share (SS:601238) has increased 1.2% to trade at CNY26.42 vs. the Auto manufacturing sector which strengthened 651.2 points (or 1%) to 66,945.2. Representing a weighting of about 79.1% of the sector, the stock accounted for 99.0% of today's gain. The shares have outperformed 80% of the market in the past three months. Trading volume was 1.6 times average so far today.

RECENT ALERTS

CLOSING UPDATE: Guangzhou Automobile - A Share increased 0.2%, led Auto manufacturing sector higher

20 July 2017 15:52 CST

Guangzhou Automobile - A Share, Shanghai's largest auto manufacturing company by market capitalisation, has increased 0.2% to trade at CNY26.10 vs. the Auto manufacturing sector which strengthened 247.6 points (or 0.4%) to 66,294.0. Representing a weighting of about 78.9% of the sector, the stock accounted for 40.9% of today's gain. The shares have outperformed 81% of the market in the past six months. Trading volume was 1.7 times average at the end of the day. Compared with the SSE 180 Index which rose 25.7 points (or 0.3%) in the day, this represented a relative price change of -0.1%.

Morning Alert: Guangzhou Automobile - A Share decreases 0.2%, leads Auto manufacturing sector lower

20 July 2017 10:42 CST

Guangzhou Automobile Group Co., Ltd - A Share (SS:601238) has decreased 0.2% to trade at CNY26.01 vs. the Auto manufacturing sector which weakened 17.3 points (or 0.03%) to 66,029.1. Representing a weighting of about 79.0% of the sector, the stock accounted for the loss. Trading volume was 71% of average so far today.

Guangzhou Automobile Group Co., Ltd - A Share (SS:601238; SHA:601238; CH:601238)

ISIN: CNE100001NQ2

Source: www.BuySellSignals.com