Market Movers

China Petroleum & Chemical’s Stock Price Soars to 5.08 HKD, Recording a Robust 2.83% Increase

China Petroleum & Chemical (386)

5.08 HKD +0.14 (+2.83%) Volume: 115.77M

China Petroleum & Chemical’s stock price stands at 5.08 HKD, showing a robust performance with a trading session increase of +2.83% and a significant YTD growth of +24.21%. With a trading volume of 115.77M, the company continues to demonstrate strong market presence and promising investment potential.


Latest developments on China Petroleum & Chemical

China Petroleum & Chemical, also known as Sinopec, has been closely monitoring the propylene market as its revenue, price, and growth rate are key factors influencing its stock price movements today. With a forecast up to 2032, Sinopec is keeping a close eye on the propylene market trends to anticipate any potential impact on its financial performance. This strategic approach reflects the company’s commitment to staying ahead of market fluctuations and proactively managing its stock price in response to changing market dynamics.


A look at China Petroleum & Chemical Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth4
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, has a promising long-term outlook based on its Smartkarma Smart Scores. With high scores in Value, Dividend, and Growth, the company is positioned well for future success. Its strong momentum score further indicates positive market sentiment and potential for continued growth.

While China Petroleum & Chemical scores slightly lower in Resilience, its overall performance in key areas bodes well for its future prospects. As a leading producer and trader of petroleum and petrochemical products in China, the company’s diverse product offerings and expansive market reach provide a solid foundation for sustained growth and profitability in the years to come.


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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