Penghua CNI Ferrous Metals-A logo

Penghua CNI Ferrous Metals-A (502023)

Market Closed
11 Aug, 06:57
SSE SSE
¥
1. 57
-0.01
-0.3807%
¥
- Market Cap
- Div Yield
0 Volume
¥ 1.58
Previous Close
Add Transaction
Day Range
1.54 1.58
Year Range
1.47 2.17
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Summary

502023 closed today lower at ¥1.57, a decrease of -0.3807% from yesterday's close, completing a monthly increase of 3.6988% or ¥0.06. Over the past 12 months, 502023 stock lost -16.0428%.
502023 is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on one exchange.

502023 Chart

Penghua CNI Ferrous Metals-A (502023) FAQ

What is the stock price today?

The current price is ¥1.57.

On which exchange is it traded?

Penghua CNI Ferrous Metals-A is listed on SSE.

What is its stock symbol?

The ticker symbol is 502023.

Does it pay dividends? What is the current yield?

It does not pay dividends to its shareholders.

What is its market cap?

As of today, no market cap data is available.

Has Penghua CNI Ferrous Metals-A ever had a stock split?

No, there has never been a stock split.

Penghua CNI Ferrous Metals-A Profile

SSE Exchange
China Country

Overview

The Penghua CNI Ferrous Metals-A ETF is an exchange-traded fund specializing in the ferrous metals industry sector. With its focus on companies involved in mining, production, and the distribution of key materials like iron and steel, this fund seeks to provide investors with a strategic opportunity to invest in the backbone of the manufacturing and construction industries. By tracking a specific index that mirrors the performance of major players within the ferrous metals sector, Penghua CNI Ferrous Metals-A allows for an efficient entry point into sector-specific investments. This ETF's performance is inherently linked to the industrial demand and the overarching global economic conditions, highlighting its importance for those interested in the trajectory of economic development. As a specialized vehicle within the financial markets, it offers investors a method to diversify their portfolios with targeted exposure to the basic materials sector, illustrating an enticing prospect for capturing the industrial growth and market dynamics across both emerging and established markets.

Products and Services

  • Exposure to Ferrous Metals Sector
  • This ETF provides investors with targeted exposure to the ferrous metals sector, comprising companies involved in the mining, production, and distribution of iron and steel. By investing in this ETF, individuals can directly participate in the industrial cycle of these crucial materials without the need to select individual stocks, benefiting from the overall sector's performance.

  • Sector-Specific Investment
  • With its focus on a specific sector, Penghua CNI Ferrous Metals-A offers a concentrated investment strategy. This approach is advantageous for investors seeking to capitalize on the growth and cyclicality of the ferrous metals industry, driven by the demand in construction and manufacturing industries, as well as global economic trends.

  • Index Tracking for Performance Alignment
  • The ETF tracks a meticulously selected index of stocks representing the leading companies within the ferrous metals sector. This index serves as a benchmark for the ETF's performance, ensuring that investors have their investments aligned with the sector's key players and overall market trends. Tracking an index also makes this ETF an efficient way to gain comprehensive access to the ferrous metals market with a single investment.

  • Diversification of Investment Portfolio
  • Penghua CNI Ferrous Metals-A enables investors to diversify their investment portfolios by adding a sector-specific element to their investment mix. This diversification can help mitigate risks associated with overexposure to a single asset class or sector, offering a balanced and strategic approach to portfolio management.

Contact Information

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