Market Movers

China Petroleum & Chemical’s Stock Price Soars to 4.80 HKD, Marking a Positive 1.48% Surge

China Petroleum & Chemical (386)

4.80 HKD +0.07 (+1.48%) Volume: 96.94M

China Petroleum & Chemical’s stock price is currently at 4.80 HKD, witnessing a positive surge of +1.48% this trading session with a substantial trading volume of 96.94M, marking a significant YTD increase of +17.36%, reflecting robust performance and growth potential.


Latest developments on China Petroleum & Chemical

China Petroleum & Chemical, also known as Sinopec, has reported a modest 0.1% increase in crude throughput for the first half of the year. This news comes amidst a backdrop of fluctuating global oil prices and geopolitical tensions. Investors are closely monitoring Sinopec’s performance as they navigate the uncertainties in the energy market. The company’s stock price movements today may be influenced by this latest update on their operational activities.


A look at China Petroleum & Chemical Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth3
Resilience3
Momentum5
OVERALL SMART SCORE3.8

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, has a promising long-term outlook according to Smartkarma Smart Scores. With high scores in Value and Dividend, the company is seen as a solid investment option. Additionally, its strong Momentum score indicates positive market sentiment and potential for growth in the future. While Growth and Resilience scores are slightly lower, overall, China Petroleum & Chemical is positioned well for success in the petroleum and petrochemical industry.

As a leading producer and trader of petroleum and petrochemical products in China, China Petroleum & Chemical Corporation, or Sinopec, is well-positioned for continued success. With a focus on gasoline, diesel, jet fuel, and other key products, the company has a strong presence in the domestic market. Smartkarma Smart Scores highlight the company’s value, dividend payouts, and momentum, indicating a positive outlook for investors. Despite slightly lower scores in growth and resilience, China Petroleum & Chemical‘s overall performance suggests a bright future ahead.


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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