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Textile And Clothing Index Fell 2.67% The Biggest Drop

2008/11/4 0:00:00 10245

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As of the end of the 3rd, Shenwan textile and garment index fell 2.67%, ranking the first among all industry indexes. Among them, Yike Technology (002036.), Sihuan Biology (000518. SZ), Youngor (600177. SH) and St Zhongguan a (000018. SZ) were among the top decliners, falling 9.97%, 6.70%, 6.43% and 5.11% respectively. Analysts pointed out that under the background of recession in major economies such as Europe, the United States and Japan, China's textile and garment enterprises, which are mainly export-oriented, are facing the plight of declining demand, and the cold winter may continue.
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