PetroChina Beats ICBC to Become Second-Largest Onshore Stock [BNN Bloomberg (Canada)]
INDUSTRIAL & COM UNSP/ADR (IDCBY)
NASDAQ:AMEX Investor Relations:
dictionary.com/browse/industrial
Company Research
Source: BNN Bloomberg
A gain of nearly 42% this year has lifted its market capitalization to 1.76 trillion yuan ($244 billion), overtaking that of Industrial and Commercial Bank of China Ltd. The last time PetroChina was larger than ICBC was in 2015, when it held the title of the biggest stock onshore for years. A rally in oil prices this year has helped to buoy shares of energy firms around the world. For PetroChina, a rebound in domestic demand last year contributed to a record profit and dividend payout. Its dominance in the country's natural gas market is also seen to put it in good stead in the years to come. Chinese listed companies which pay high dividends have become a darling for local investors this year amid market volatility. The energy industry is the best performing subgauge on the onshore benchmark in the first quarter. Other peers including CNOOC Ltd. and China Merchants Energy Shipping Co. have also emerged among the biggest gainers on the CSI 300 Index this year. The former, which
Show less
Read more
Impact Snapshot
Event Time:
IDCBY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
IDCBY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
IDCBY alerts
High impacting INDUSTRIAL & COM UNSP/ADR news events
Weekly update
A roundup of the hottest topics
IDCBY
News
- China Vanke sells Shenzhen land plot at loss-making reserve price [Yahoo! Finance]Yahoo! Finance
- China Creates $47.5 Billion Chip Fund to Fuel Self-Resilience [Yahoo! Finance Canada]Yahoo! Finance Canada
- China Creates $47.5 Billion Chip Fund to Fuel Self-Resilience [Yahoo! Finance]Yahoo! Finance
- China Creates $47.5 Billion Chip Fund to Fuel Self-Resilience [Yahoo! Finance Canada]Yahoo! Finance Canada
- China Creates $47.5 Billion Chip Fund to Fuel Self-Resilience [BNN Bloomberg (Canada)]BNN Bloomberg