Many Factors Make The Textile And Garment Sector Red.

Perhaps it is for the "losing face" of the early decline of the previous plate.

Shares were positive yesterday, and the shares of Zhonghe stock, bang Jie shares and Kai Kai industries rose. At the close, 73 stocks in the A share of the textile and garment sector rose, with an average increase of 1.97%.

Analysts believe that, thanks to the overfall, the good performance expectations of listed companies and the defensive characteristics of their large consumer sectors, the success of the textile and garment industry is down, and is expected to be "a shame before the snow".

According to Zhongyuan Securities Research Report, the textile and garment sector achieved a net inflow of 64 million 467 thousand and 100 yuan a week last week, and became the only two net capital inflow industry last week.

Not only that, the performance of some textile and apparel companies is also bright, which is different from the continuous downturn of the market. The stocks of card slave Road, nine Mu Wang and Pathfinder have hit a strong trend in the past two months.

"Yesterday's strong rise in textile and clothing industry is on the one hand that the plate has fallen too much in the early days, and there is a strong demand for rebounding.

Some of the listed companies in textile and apparel industry have been doing well recently, which is the reason why the performance of the listed companies is more gratifying, such as the company such as card road.

A textile and garment industry analyst from Galaxy Securities said to reporters.

In the textile industry, the current industry

The situation is still not optimistic. Some analysts believe that the current drop in domestic and foreign cotton prices will further weaken the international competitiveness of China's textile industry.

Nonetheless, there is still good news in the plight of the industry. A textile analyst who declined to be named told reporters: "first, Russia is expected to join WTO in the latter part of this month. Trade between China and Russia will enter a new stage. After that, Russia's tariff reduction is expected to be better than that of its Chinese textile industry. At present, China's exports of Russian textiles and clothing have exceeded half of its total imports.

Although our exporters are still in Europe and America, Russia's role in promoting related industries after WTO accession is still not to be overlooked.

On the other hand, domestic

The expectation of depreciation is also better than that of the textile and garment industry which relies heavily on export trade. "

The analyst said at last: "oversold rebound, the company's performance is considerable, and the good expectation on the news surface is a major factor contributing to the positive performance of the textile and garment industry.

In the uncertain economic situation in the future, the defensive characteristics of the large consumption sectors of the industry make the fund more popular.

Although the industry's overall forecast for this year is still not optimistic, it is expected to continue short-term opportunities.