Textile And Clothing Industry: The Market Is Falling Down, Textile And Clothing Continue To Adjust

Week view

This week, Shenwan textile and garment industry index fell - 0.72%, this week the market rose and fell, textile and clothing follow the adjustment. On the other hand, we need to pay attention to the short-term stock market, which is the first round of stock market adjustment; Affected by the epidemic situation, the prosperity of textile and garment industry in the first half of 2020 decreased significantly, but the current domestic epidemic situation was basically stable. Since April, domestic demand has recovered significantly, 618 textile and clothing categories have performed well. From May to June, the resumption of work and production in Europe and the United States gradually started, and the global supply chain recovered slowly. In the follow-up, attention should be paid to the marginal improvement brought by the warming demand.

Market performance

This week, Shenwan textile and garment industry index closed down - 0.72%, outperforming CSI 300 (down - 0.86%). The average price to earnings ratio of the sector is ttm32.9, and the average price to net ratio is 1.87, and the total market value is close to 434.5 billion.