Bank of China (3988)
3.39 HKD -0.06 (-1.74%) Volume: 199.09M
Bank of China’s stock price is currently at 3.39 HKD, experiencing a slight decrease of -1.74% in today’s trading session. Despite the daily fluctuation, the stock has shown a promising YTD increase of +15.44%, with a significant trading volume of 199.09M. Stay updated with the latest trends in 3988’s performance for profitable investment decisions.
Latest developments on Bank of China
Today, Bank Of China Ltd (H) stock price movements were influenced by a variety of factors, including the Hang Seng Index slipping 376 points at midday. This decline was attributed to losses in the banking, metals, oils, and Chinese developers sectors. Investors closely watched these key industries as they played a significant role in shaping the overall market sentiment. As a result, Bank Of China Ltd (H) experienced fluctuations in its stock price throughout the trading day, reflecting the broader market trends.
A look at Bank of China Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Bank Of China Ltd (H) has received high ratings in several key areas according to Smartkarma Smart Scores. With a top score in Dividend and Momentum, the company shows promise for long-term growth and stability. The Value and Growth scores also indicate positive outlooks for the company’s financial standing and potential for expansion. However, the lower Resilience score suggests some potential risks that investors should be aware of.
Overall, Bank Of China Ltd (H) seems to be in a solid position for the future, with strong dividends and momentum driving its performance. The company’s diverse range of financial services and global reach provide a solid foundation for continued growth and success. Investors may want to keep an eye on factors affecting the company’s resilience, but the overall outlook appears positive based on the Smartkarma Smart Scores.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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