[FiinPro Data] Rubber stocks investing idea from FiinPro
Rubber prices in the first half of 2019 rose sharply.
Rubber prices in the first half of 2019 reached the highest level of 240 JPY/kg as of June 19, 2019, up 37% from the beginning of the year.
Key reasons for rubber prices to rise:
- Crude oil price in the first 5 months of the year rose to 57.5 USD/barell (up 2.8% from that of Q4/2018). Speculators believe that crude oil price rose will make syndicated rubber prices higher than natural rubber prices.
- Concerns over escalating US- China trade war, which will impact on global economic growth and demand for commodities.
- Rubber output from key producers such as Malaysia, Indonesia, Thailand fall seasonally.
Vietnam Rubber industry index rose from 57.45 to 76.28 year to date, up 32.8%, much higher than the VNIndex growth of 6.5% in the same period. Rubber enterprises, therefore, became a hot topic.
Rubber industry Index versus VNIndex
There are 19 companies listed on the stock market, which their main business operation is cultivating, exploiting, processing rubber latex & manufacturing and trading industrial rubber products, domestic rubber products mainly tires.
Thanks to FiinPro, within 5 minutes, investors can quickly screen out those healthy stocks with striking valuation.
For rubber’s stock screening detailed instruction, download here.
This is just a software demo using FiinPro in assisting users to implement and deploy investment ideas quickly and efficiently. FiinPro offers useful features such as Market Watch, Proprietary trading, Foreign trading, Company Analysis, Stock screening with over 1000 criteria with data available in the 5 years and many other kinds of intensive data not yet available in the market. To explore FiinPro Platform's impressive features, click here to register free trial:
We hope that data updates of FiinPro Platform will better support your work. If you need any help or instructions to export detailed data, please contact our Customer Service Department:
Do Thi Lan (Ms.)
Tel: 024 3562 6962 (ext.: 103)
This document is the property of FiinGroup JSC (FiinGroup), the information provided in this document is based on sources believed to be reliable, but their absolute accuracy completeness or correctness are not guaranteed. This document is not intended to be provided at the request of any organization or individual, nor does it serve the purposes of advertising, selling, buying or holding securities. All views expressed in this document are based on fairness, neutrality and reasonable in the circumstances prevailing at the time. Customers and investors should only use the information provided in this document as a reference, we are not responsible for any loss to the use of the information mentioned above. All acts of copying, modifying, printing, reprinting in any form of any individual or organization without the consent of FiinGroup are illegal