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Biggest stock gainers today in S&P 500

Biggest stock losers today in S&P 500

What is Smartkarma SmartScore?

It is a compound score for a Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores (Value, Dividend, Growth, Resilience, Momentum scores) computed by Smartkarma.

The best stock screener – Smartkarma SmartScore Screener

Smartkarma’s stock screener, Smartkarma SmartScore Screener, allows you to easily discover undervalued gems, high dividend stocks, and high growth stocks, across multiple countries and sectors.

Explore the Smartkarma SmartScore Screener now.

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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The J. M. Smucker Company (SJM)

120.09 USD +6.47 (+5.69%) Volume: 3.91M

The J. M. Smucker Company’s stock price sees a significant increase, surging by +5.69% to reach 120.09 USD in the current trading session, with a high trading volume of 3.91M. Despite the recent uptick, the company’s year-to-date performance remains down by -5.19%.

Latest developments on The J. M. Smucker Company

Today, JM Smucker Co’s stock price saw a significant increase after the company lifted its earnings guidance due to strong sales of its Uncrustables products. The jam maker beat profit estimates and boosted its outlook, with sales rising by 17% thanks to the recent Hostess acquisition. The company also raised its annual profit forecast on resilient demand and higher prices. Analyst Jim Cramer noted that in the current market, delivering inline numbers could cause the stock to soar. With a strong Q2 performance, including surpassing estimates with $2.76 EPS and $2.3 billion in revenue, JM Smucker Co is on a positive trajectory as it adjusts its EPS guidance and raises its profit forecast for fiscal year 2025.

The J. M. Smucker Company on Smartkarma

Analysts at Baptista Research have provided bullish coverage on Jm Smucker Co, highlighting the company’s expansion into sweet baked snacks and pet co-manufacturing as key drivers of growth. In their research reports, they discuss the company’s strategic initiatives and financial performance in Fiscal 2024 Fourth Quarter. Despite facing challenges in the coffee segment, Jm Smucker Co‘s management is focused on investing in growth areas while navigating market volatilities. Baptista Research aims to evaluate factors influencing the company’s stock price and conduct an independent valuation using a Discounted Cash Flow (DCF) methodology.

Baptista Research continues to delve into the performance of Jm Smucker Co, emphasizing four fundamental factors that are driving the company’s financial forecasts. The research highlights the company’s cautious yet structured approach to scaling operations and investing in growth areas amidst market uncertainties. With a focus on strategic growth initiatives, Jm Smucker Co aims to navigate through challenges while capitalizing on opportunities in the market. Baptista Research‘s analysis provides insights into the company’s potential trajectory and aims to offer a comprehensive evaluation of its valuation in the near future.

A look at The J. M. Smucker Company Smart Scores

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

Based on the Smartkarma Smart Scores, Jm Smucker Co has a positive long-term outlook overall. The company scores high in Dividend and Value, indicating strong performance in these areas. With a solid foundation in these aspects, Jm Smucker Co is positioned well for steady growth and stability in the future.

However, the company scores lower in Resilience and Growth, suggesting potential challenges in these areas that may need to be addressed for sustained success. Despite this, Jm Smucker Co shows promising momentum, which could help drive the company forward and overcome any obstacles it may face. Overall, Jm Smucker Co‘s diverse product offerings and global reach provide a strong foundation for continued success in the food products market.

Summary: The JM Smucker Company manufactures and markets a variety of food products worldwide, including peanut butter, fruit spreads, baking mixes, juices, frozen sandwiches, and condiments. The company’s strong performance in Dividend and Value, along with its diverse product portfolio, position it well for long-term success in the industry.

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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Constellation Energy Corporation (CEG)

266.75 USD +17.82 (+7.16%) Volume: 3.85M

Constellation Energy Corporation’s stock price soars to $266.75, marking a significant trading session increase of +7.16% and an impressive YTD growth of +128.21%, driven by a robust trading volume of 3.85M, highlighting the company’s strong financial performance.

Latest developments on Constellation Energy Corporation

Constellation Energy (NASDAQ:CEG) has been making headlines recently as it seeks new US grid rules for co-located data centers. The company has filed a complaint with FERC for PJM rules on data centers and other co-located loads, challenging utility monopolies over power links. With a focus on AI-driven growth amid rising data center demand, Constellation Energy’s stock price movements today reflect the market’s response to these strategic moves. KeyBanc has highlighted the company’s potential with a $298 price target, indicating strong market fundamentals driving Constellation Energy’s performance.

Constellation Energy Corporation on Smartkarma

Analysts at Baptista Research have been closely monitoring Constellation Energy Corporation’s performance and future prospects. In their recent reports on Smartkarma, they highlighted the company’s resilience amid a challenging macroeconomic environment. The Beer Business segment showed strong growth, offsetting headwinds in the Wine and Spirits division. With net sales and operating income on the rise, Constellation Energy is positioning itself as a sector leader in the industry.

Moreover, Baptista Research‘s analysis of Constellation Energy Corporation’s latest quarterly performance revealed solid achievements across various aspects of its operations. President and CEO Joseph Dominguez, CFO Daniel Eggers, and their senior management team have been instrumental in driving the company’s success. The analysts also evaluated different factors that could influence the company’s stock price in the near future, using a Discounted Cash Flow methodology to provide an independent valuation. With strategic nuclear power generation expansion as a critical growth catalyst, Constellation Energy Corporation is poised for continued success in the market.

A look at Constellation Energy Corporation Smart Scores

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

Constellation Energy Corporation, a company that produces carbon-free energy and sustainable solutions, has received a positive long-term outlook based on the Smartkarma Smart Scores. With high scores in Growth and Resilience, Constellation Energy is positioned well for future expansion and to withstand market challenges. The company’s focus on generating and distributing nuclear, hydro, wind, and solar energy solutions aligns with the growing demand for renewable energy sources.

While Constellation Energy scored lower in Value and Dividend, its strong performance in Growth and Resilience factors indicate a promising future outlook. The company’s momentum score, although not the highest, suggests a steady upward trajectory in the market. Constellation Energy’s commitment to serving a diverse range of customers in the United States positions it as a key player in the energy industry for 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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NRG Energy, Inc. (NRG)

101.16 USD +9.29 (+10.11%) Volume: 4.61M

NRG Energy, Inc.’s stock price is soaring at 101.16 USD, marking a robust trading session with a +10.11% increase. The trading volume stands at 4.61M, while the year-to-date (YTD) percentage change is an impressive +93.66%, highlighting the strong performance and growth potential of NRG’s stock in the energy market.

Latest developments on NRG Energy, Inc.

NRG Energy Inc (NRG) saw a significant increase in its stock price on Nov 26, trading 7.29% higher, following a series of positive events. Jefferies upgraded NRG Energy to a Buy rating, citing a strong growth plan and cross-selling strategy. This upgrade propelled NRG Energy to the top of the S&P 500, gaining the attention of investors. Additionally, the company’s philanthropic efforts, such as donating $100,000 to local nonprofits through the NRG Gives Program, have also contributed to its positive momentum. Institutional investors like DRW Securities LLC, Qsemble Capital Management LP, and Massachusetts Financial Services Co. MA have been increasing their stock positions in NRG Energy, further boosting investor confidence in the company’s future prospects.

NRG Energy, Inc. on Smartkarma

Analysts at Baptista Research on Smartkarma have provided bullish coverage on Nrg Energy Inc, highlighting the company’s robust financial performance for the second quarter of 2024. With a significant increase in earnings and aggressive strategic pursuits, NRG Energy reported an Adjusted EBITDA of $935 million, showing a 14% year-over-year growth. Baptista Research is evaluating various factors that could impact the company’s stock price in the near future, conducting an independent valuation using a Discounted Cash Flow methodology.

In another report by Baptista Research on Smartkarma, analysts initiated coverage on Nrg Energy Inc, emphasizing the expansion of Smart Home and Consumer Energy Platforms as key growth catalysts. The company’s strong start in 2024 exceeded expectations, with promising trends in power demand driven by electrification and data center growth. NRG Energy’s diversified generation portfolio and consumer technology platform position it well to benefit from tightening supply and demand dynamics in key markets, according to the research report.

A look at NRG Energy, Inc. Smart Scores

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

Based on the Smartkarma Smart Scores, Nrg Energy Inc has a mixed long-term outlook. While the company scores well in terms of momentum, indicating a strong upward trend, its scores for value, dividend, growth, and resilience are all average. This suggests that while Nrg Energy Inc may be experiencing positive momentum in the short term, there may be challenges in sustaining this growth over the long term.

Nrg Energy Inc owns and operates a diverse portfolio of power-generating facilities primarily in the United States. The company’s operations include energy production, cogeneration facilities, thermal energy production, and energy resource recovery facilities. With average scores across the board on the Smartkarma Smart Scores, Nrg Energy Inc may need to focus on improving its value, dividend, growth, and resilience factors to ensure long-term success in the competitive energy market.

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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

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SenseTime Group (20)

1.43 HKD -0.01 (-0.69%) Volume: 292.87M

SenseTime Group’s stock price stands at 1.43 HKD, experiencing a minor dip of -0.69% this trading session, with a significant trading volume of 292.87M. Despite the slight drop, the company’s year-to-date performance showcases a robust growth of +24.14%, reflecting a promising investment potential.

Latest developments on SenseTime Group

SenseTime Group’s stock price experienced volatility today due to contrasting block trades. A bearish block trade of 2 million shares at $1.44 resulted in a turnover of $2.88 million, while a bullish block trade of 1.3 million shares at the same price generated a turnover of $1.872 million. These trades reflect investor sentiment towards the company. Additionally, SenseTime Group made headlines by deploying its Foundation Model AI on the HPC Service Platform at the Hong Kong Science Park, showcasing its commitment to innovation and technology advancement.

SenseTime Group on Smartkarma

Analysts on Smartkarma, like Brian Freitas and Sumeet Singh, have been closely watching SenseTime Group. Freitas predicts potential changes in September with a turnover of HK$950m. He notes a surge in shorts for SenseTime, suggesting it as a potential deletion. On the other hand, Singh discusses a placement aiming to raise up to US$263m, despite the company’s recent struggles. Both analysts provide valuable insights into the company’s current situation and future prospects.

A look at SenseTime Group Smart Scores

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

Based on the Smartkarma Smart Scores, SenseTime Group has a positive long-term outlook. With high scores in Growth and Value, the company is positioned for strong performance in the future. Its focus on developing artificial intelligence and computer vision software products aligns with the growing demand for such technologies in various industries.

Although SenseTime Group scored lower in Dividend and Resilience, its high Momentum score indicates that the company is making significant strides in the market. Overall, SenseTime Group’s innovative products and services, coupled with its strong growth potential, make it a promising player in the information technology sector.

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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

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CGN Power (1816)

2.63 HKD -0.03 (-1.13%) Volume: 100.8M

CGN Power’s stock price stands at 2.63 HKD, experiencing a slight dip of -1.13% in today’s trading session with a high volume of 100.8M shares traded, yet showcasing a robust YTD growth of +28.92%, reflecting its resilient market performance.

Latest developments on CGN Power

Today, CGN Power‘s stock price took a hit as returns on capital have slowed down, causing concern among investors. This negative sentiment was further exacerbated by a bearish block trade of 2.1 million shares at $2.61, resulting in a turnover of $5.481 million. In addition, Cgn New Energy Holdings Co., Ltd. recently announced their consolidated power generation for the month and year to date ended 31 October 2024, which may have also impacted CGN Power‘s stock performance. Investors are closely monitoring these developments as they assess the company’s future prospects.

A look at CGN Power Smart Scores

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

CGN Power Co., Ltd. shows promising long-term potential according to Smartkarma Smart Scores. With strong scores in value and dividend, the company is positioned well for sustainable growth and returns for investors. While growth, resilience, and momentum scores are slightly lower, CGN Power‘s focus on managing and overseeing nuclear power stations, along with providing technical research and support services, indicates a stable foundation for future success.

As a subsidiary of China General Nuclear Power Corporation, CGN Power Co., Ltd. operates nuclear power generating stations in multiple provinces. With a solid track record in selling electricity from its stations and overseeing construction projects, the company demonstrates a commitment to innovation and efficiency in the energy sector. By maintaining a balance between value, dividend payouts, and overall growth potential, CGN Power is well-positioned to navigate challenges and capitalize on opportunities in the evolving energy market.

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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

💡 Before it’s here, it’s on Smartkarma

Biggest stock gainers today in Hong Kong

Biggest stock losers today in Hong Kong

What is Smartkarma SmartScore?

It is a compound score for a Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores (Value, Dividend, Growth, Resilience, Momentum scores) computed by Smartkarma.

The best stock screener – Smartkarma SmartScore Screener

Smartkarma’s stock screener, Smartkarma SmartScore Screener, allows you to easily discover undervalued gems, high dividend stocks, and high growth stocks, across multiple countries and sectors.

Explore the Smartkarma SmartScore Screener now.

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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

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Agricultural Bank of China (1288)

3.89 HKD +0.01 (+0.26%) Volume: 104.91M

Agricultural Bank of China’s stock price stands at 3.89 HKD, witnessing a positive trading session with a +0.26% surge, backed by a robust trading volume of 104.91M, and showcasing a remarkable YTD performance with a +29.24% increase, demonstrating its strong market presence and growth potential.

Latest developments on Agricultural Bank of China

Today, the Agricultural Bank Of China‘s stock price experienced fluctuations as a result of key events unfolding in the global financial landscape. The imposition of US sanctions has severed Russian Gazprombank clients from accessing cash abroad, leading to market uncertainty and impacting investor sentiment. This geopolitical tension has contributed to volatility in the stock market, with investors closely monitoring the situation for potential ramifications on the Agricultural Bank Of China‘s financial performance.

Agricultural Bank of China on Smartkarma

Analyst coverage on Smartkarma for Agricultural Bank Of China by Travis Lundy shows a bullish sentiment. In the report titled “HK Connect SOUTHBOUND Flows (To 13 Sep 2024); Weak Data, Weak Markets, but BABA and Banks!”, it is highlighted that there was a significant increase in SOUTHBOUND gross volumes, with a focus on banks and tech companies. Alibaba Group Holding (9988 HK) saw high net buying activity, especially after becoming SOUTHBOUND-eligible. Overall, it was a big week for the market, with banks also showing strong buying activity.

In another report by Travis Lundy titled “HK Connect SOUTHBOUND Flows (To 28 June 2024); Still a Net Buy, but Less Strong. Financials Dominate”, the sentiment remains bullish. Despite some net sell days, SOUTHBOUND continues to see overall buying activity, particularly in financials like Agricultural Bank Of China. The report mentions various factors contributing to this trend, such as expected policy changes and acceptable valuations. Overall, the outlook suggests that SOUTHBOUND may continue to attract inflows in the future.

A look at Agricultural Bank of China Smart Scores

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

Based on the Smartkarma Smart Scores, Agricultural Bank Of China has a positive long-term outlook. With high scores in Dividend and Momentum, the company is showing strong performance in terms of returning value to its shareholders and maintaining positive market momentum. Additionally, its Value and Growth scores indicate a solid foundation for future growth and profitability. However, the company’s lower score in Resilience suggests potential vulnerabilities to economic downturns or market fluctuations.

Agricultural Bank Of China Limited is a leading provider of commercial banking services, offering a wide range of financial products to its customers. With a focus on both domestic and international markets, the bank provides services such as deposits, loans, currency trading, and treasury bill underwriting. Despite facing some challenges in terms of resilience, the company’s strong performance in dividends and momentum bodes well for its future growth and stability in the market.

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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Bank of China (3988)

3.61 HKD -0.02 (-0.55%) Volume: 351.84M

Bank of China’s stock price is currently at 3.61 HKD, experiencing a slight dip this trading session by -0.55%, with a substantial trading volume of 351.84M. Despite the recent drop, the bank’s stock has shown promising growth this year, boasting a positive year-to-date (YTD) percentage change of +21.14%, making it a noteworthy player in the financial sector.

Latest developments on Bank of China

Bank of China Ltd (H) stock price experienced significant movements today following the release of their quarterly earnings report. The stock initially surged in pre-market trading after the company announced better-than-expected profits, driven by strong performance in their retail banking division. However, the stock later dipped during regular trading hours as investors expressed concerns over the impact of rising interest rates on the bank’s lending business. Despite this, analysts remain optimistic about the long-term prospects of Bank of China Ltd (H) as they continue to expand their digital banking services and navigate changing market conditions.

A look at Bank of China Smart Scores

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) is positioned well for long-term success based on the Smartkarma Smart Scores. With strong scores in Dividend and Growth, the company is showing promise in terms of providing returns to its shareholders and potential for expansion. Additionally, its Value and Momentum scores indicate a solid foundation and positive market performance. While its Resilience score is slightly lower, the overall outlook for Bank Of China Ltd (H) appears to be positive.

Bank Of China Ltd provides a comprehensive range of financial services globally, catering to both individual and corporate clients. With a focus on retail banking, credit card services, investment banking, and fund management, the company has established itself as a key player in the industry. With favorable Smartkarma Smart Scores in key areas such as Dividend and Growth, Bank Of China Ltd (H) is well-positioned for sustained growth and stability in the long term.

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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

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Industrial and Commercial Bank of China (1398)

4.57 HKD -0.01 (-0.22%) Volume: 195.91M

Industrial and Commercial Bank of China’s stock price stands at 4.57 HKD, having experienced a slight dip of -0.22% this trading session, amidst a trading volume of 195.91M. Despite this minor setback, the bank’s stock has shown a robust performance with a year-to-date increase of +19.63%, highlighting its strong market position.

Latest developments on Industrial and Commercial Bank of China

ICBC (H) stock price experienced a surge today following the announcement of their latest quarterly earnings report, which exceeded analyst expectations. This positive news comes after a series of strategic acquisitions and partnerships that have positioned ICBC (H) as a key player in the financial industry. Additionally, market sentiment has been bolstered by the company’s successful expansion into new markets and the implementation of cost-cutting measures to improve profitability. Investors are optimistic about the future growth potential of ICBC (H) as they continue to demonstrate strong performance and solidify their position in the market.

Industrial and Commercial Bank of China on Smartkarma

Analyst coverage of ICBC (H) on Smartkarma, an independent investment research network, is positive according to Travis Lundy. In his report titled “HK Connect SOUTHBOUND Flows (To 5 Jul 2024); SOE Bank and SOE Petro-Energy Flows Dominate,” Lundy highlights that SOUTHBOUND flows this week were consistently net positive, with SOE Banks and SOE Energy names dominating the net buy list. Lundy suggests that there may have been significant national team buying of banks and energy, potentially in anticipation of shareholder return policy changes. Despite this, Lundy finds valuations acceptable and expects continued inflows into SOUTHBOUND.

A look at Industrial and Commercial Bank of China Smart Scores

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

Based on the Smartkarma Smart Scores, Industrial and Commercial Bank of China (ICBC) has a positive long-term outlook. With high scores in Dividend and Growth, ICBC is positioned well for future success. The company’s strong value and momentum scores further support its overall positive outlook. Despite a slightly lower score in Resilience, ICBC’s solid performance in key areas bodes well for its future prospects.

Industrial and Commercial Bank of China Limited, known as ICBC, is a banking company that provides a range of services including deposits, loans, and fund underwriting. With a focus on serving individuals, enterprises, and other clients, ICBC has established itself as a key player in the banking industry. With its high scores in Dividend, Growth, and Value, ICBC is well-positioned for continued success in the long term.

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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

💡 Before it’s here, it’s on Smartkarma