Investing
The Month’s Biggest Index Losers: Chinese Agriculture, Chinese Solar, and Semiconductor Fabricators
Published:
Last Updated:
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%.
24/7 Wall St.
Is Your Money Earning the Best Possible Rate? (Sponsor)
Let’s face it: If your money is just sitting in a checking account, you’re losing value every single day. With most checking accounts offering little to no interest, the cash you worked so hard to save is gradually being eroded by inflation.
However, by moving that money into a high-yield savings account, you can put your cash to work, growing steadily with little to no effort on your part. In just a few clicks, you can set up a high-yield savings account and start earning interest immediately.
There are plenty of reputable banks and online platforms that offer competitive rates, and many of them come with zero fees and no minimum balance requirements. Click here to see if you’re earning the best possible rate on your money!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
