Basic Chemicals Sector Rises 1.16% on RMB1.662 Billion Net Inflow; Do-Fluoride Leads
On August 6, the basic chemicals sector rose 1.16% as main capital funds recorded a net inflow of RMB1.662 billion. Do-Fluoride led with RMB723 million, followed by Binzhou Chemical (RMB428 million) and Lianrui New Materials (RMB328 million). The sector saw 254 of 410 stocks advance, with nine hitting the daily limit. Meanwhile, the Shanghai Composite Index gained 0.57%, and coal and building materials led sector gains, up 4.42% and 2.32% respectively.
On August 6, the Shanghai Composite Index rose 0.57%. Among the Shenwan industries, 15 sectors advanced, with coal and building materials leading the gains, up 4.42% and 2.32% respectively; the basic chemicals sector rose 1.16%. The sectors with the largest declines were media and power equipment, down 1.82% and 1.70% respectively.
Main capital funds across the two markets recorded a net outflow of RMB31.113 billion for the day. Eight sectors saw net inflows, with the communications sector leading at RMB2.049 billion, while the sector rose 1.30%; the electronics sector saw net inflows of RMB1.968 billion and rose 1.62%. Twenty-three sectors saw net outflows, with power equipment leading at RMB7.122 billion, followed by computers at RMB6.874 billion, while media, non-bank financials, and utilities saw relatively large outflows.
The basic chemicals sector rose 1.16% on the day, with main capital funds recording a net inflow of RMB1.662 billion. The sector comprises 410 stocks, of which 254 advanced, including nine hitting the daily limit, while 142 declined. According to fund flow statistics, 162 stocks in the sector saw net inflows, with 10 exceeding RMB100 million. Leading the inflows was Do-Fluoride with RMB723 million; Binzhou Chemical saw RMB428 million, Lianrui New Materials RMB328 million; Haohua Technology RMB249 million, Gaozheng Minbao RMB158 million, Sanxiang New Materials RMB154 million, Shenjian Shares RMB146 million, Heyuan Gas RMB131 million, Tongcheng New Materials RMB127 million, and Sidike RMB113 million.
Among stocks in the basic chemicals sector with net outflows, six saw outflows exceeding RMB50 million. Rike Chemical saw a net outflow of RMB68.6189 million, Satellite Chemical RMB59.1515 million, Zhejiang Longsheng RMB58.9051 million, Asia Potassium International RMB57.9491 million, Runtu Shares RMB52.0525 million, and Wanhua Chemical RMB51.5292 million.