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Oil Futures Extend Recovery From Lows -- Market Talk
Oil: Slowing Demand Weighs on Prices – TDS
productive tech [00650] is now trading at HKD 0.167, a decrease of 11.17%.
As of 09:42, Productive Tech [00650] reported at 0.167 Hong Kong dollars, compared to the closing price of 0.188 Hong Kong dollars yesterday, a decrease of 0.021 Hong Kong dollars or 11.17%, with a trading volume of 0.1912 million Hong Kong dollars. The highest price today is 0.182 Hong Kong dollars, and the lowest price is 0.167 Hong Kong dollars. Based on yesterday's closing price, the 10-day average price is 0.36 Hong Kong dollars, and the 50-day average price is 0.34 Hong Kong dollars. The current PE ratio is -11.26 times, and the 14-day relative strength index is reported at 43.75.
Productive Tech (00650) fell by 46.70%, now trading at 0.176 yuan, hitting a new 52-week low.
As of 11:34, Productive Tech (00650) fell by 46.70% from the previous closing price to 0.176 yuan, hitting a 52-week low; with a volume of 3.52 million shares and a turnover of 0.6269 million Hong Kong dollars.
Overnight international oil prices plunged, causing market concerns. PetroChina's H-shares fell nearly 6%.
Why did international oil prices weaken overnight? How do institutions view future oil prices?
Divergence is increasing! The surge in oil prices has driven the rise of the three major listed in hong kong institutions, but warnings from institutions indicate limited room for a rebound.
①The international oil prices have risen for three consecutive days in the short term. Why has the divergence in institutions increased instead? ②The H shares of the 'Big Three' oil companies have collectively risen. What are the highlights of the rebound market?
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