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. At present, the current round of adjustment of the market, on the one hand, is impacted by macro events, on the other hand, it is also a repair of the early restless market. Investors who hold short-term positions need to pay attention to position control. Among them, the top five stocks in the plate are kutezhineng, Senma clothing, * ST Zhongrong, kairun shares and kanglongda. Affected by the epidemic situation, in the first half of 2020 The prosperity of textile and garment industry has declined significantly, but the current domestic epidemic situation is basically stable. Since April, domestic demand has recovered significantly, and 618 textile and clothing categories have performed brilliantly. 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 recovery of 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.