Market Movers

China Petroleum & Chemical’s Stock Price Soars to 4.32 HKD, Achieving a Notable 0.70% Uptick in Value

By January 14, 2025 No Comments

China Petroleum & Chemical (386)

4.32 HKD +0.03 (+0.70%) Volume: 126.82M

China Petroleum & Chemical’s stock price stands at 4.32 HKD, marking a positive trading session with a rise of 0.70%. Despite a robust trading volume of 126.82M, the stock has experienced a year-to-date percentage change of -2.92%, reflecting its volatile performance in the market.


Latest developments on China Petroleum & Chemical

China Petroleum & Chemical Corp (SNPMF) stock price is on the rise in 2025 as oil shipping rates surge following tightened US sanctions on the global fleet. This increase comes after China experienced a decrease in crude oil imports in 2024, marking the first time in two decades outside of COVID-related impacts. These events have contributed to the current positive movement in China Petroleum & Chemical‘s stock price, indicating a potential uptrend for the company in the near future.


A look at China Petroleum & Chemical Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth3
Resilience3
Momentum5
OVERALL SMART SCORE4.0

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

China Petroleum & Chemical Corporation, also known as Sinopec, is positioned for a strong long-term outlook according to the Smartkarma Smart Scores. With a top score in value and momentum, the company is seen as a solid investment opportunity. Additionally, its high dividend score indicates potential returns for investors. While growth and resilience scores are slightly lower, the overall outlook for China Petroleum & Chemical remains positive.

Specializing in the production and trading of petroleum and petrochemical products, China Petroleum & Chemical Corporation is a key player in the energy sector. Offering a wide range of products including gasoline, diesel, jet fuel, and chemical fertilizers, the company has a strong presence in the Chinese market. With top scores in value and momentum, China Petroleum & Chemical is well-positioned for long-term success, making it an attractive option for investors looking for stability and potential returns.


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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