Textile And Apparel Index Fell 6.96%
As of today's closing, Shen Wan textile and clothing index (254.259, -16.29, -6.02%, bar) fell 6.96%, and fell second in various industry indexes.
Among them, the seven wolves (10.08, -1.12, -10.00%, bar) (002029.SZ), Weixing shares (7.38, -0.82, -10.00%, bar) (002003.SZ), Zhonghe shares (4.07, -0.45, -9.96%, bar) (002070.SZ), leading shares (5.08, -0.56, -9.93%, bar) and other 7 constituent stocks closed down, and only three stocks rose in the industry.
Analysts pointed out that the major economies of the world are now in a recession dilemma, which makes export oriented textile and garment industry profit expectations decline rapidly. Therefore, apart from individual brand clothing enterprises or opportunities, most of the stocks in the industry can hardly get rid of the doldrums.
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