Shipping Sector Rallies as Nanjing Port Hits Daily Limit; Logistics and Tanker Stocks Follow
The shipping sector rallied, with Nanjing Port surging to its daily limit-up. Zhonggu Logistics, China Merchants Energy Shipping, COSCO Shipping Energy, China Merchants South Oil and Guohang Ocean all advanced in tandem with the port operator. The broad-based gains across shipping-related names underscored strong buying interest in the sector during the trading session.
The shipping sector rallied, with Nanjing Port's share price jumping straight to its daily limit-up. Zhonggu Logistics, China Merchants Energy Shipping, COCO Shipping Energy, China Merchants South Oil and Guohang Ocean rose in tandem with the port operator.