Investing
The Month’s Biggest Index Losers: Chinese Agriculture, Chinese Solar, and Semiconductor Fabricators
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There were strong losses in three Tickerspy indexes over the most recent 30-day period. This month’s biggest fallers are in Chinese Agriculture, Chinese Solar, and Semiconductor Fabricators.
Chinese agriculture stocks continue to decline, and are down 43.2% in the past month. The worst performing stocks in the index are China Agritech Inc., (NASDAQ: CAGC) down 37.9%, China Green Agriculture, Inc., (NYSE: CGA) down 21.6%, and China Organic Agriculture, Inc., (OTC: CNOA) down 16.2%.
Chinese solar stocks are down 21.8% in the past month. The worst performing stocks in the index are Canadian Solar Inc., (NASDAQ: CSIQ) down 43.2%, Trina Solar Ltd., (NYSE: TSL) down 21.4%, and Suntech Power Holdings Co. Ltd., (NYSE: STP) down 21.3%.
Semiconductor fabricator stocks are down 20.9% in the past month. The worst performing stocks in the sector are Semiconductor Manufacturing International Corp., (NYSE: SMI) down 21.9%, United Microelectronics Corporation, (NYSE: UMC) down 17.7%, and Tower Semiconductor Ltd., (NASDAQ: TSEM) down 15.9%.
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