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Health-care, consumer durables up

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advance7 April 1, 2013 (Chinavestor) Health-care and consumer durable stocks did best in the month of March 2013 among Us listed Chinese stocks. But financials, led by China Life Insurance (NYSE:LFC) and capital goods suffered. Health-care stocks rose 6.6% on average and the good news is that strong sector performance was not limited to a few good stocks but the advance was universal. Each and every component of the sector, six of them to be accurate, advanced.

Agria Corp. (NYSE:GRO) surged over 40% in March helping lift the sector. But again, each and every component of the sector rose, too.

This is a far cry from financials where China Life Insrtuance (NYSE:LFC), a sector heavy weight, lost 12.0% and China Finance Online (NASDAQ:JRJC) fell -6.2%.

Capital Goods were mixed, Ming Yang (NYSE:MY) diving 24.7% along with Xinyuan Real Estate (NYSE:XIN).

Visit the following chart for a complete break down of Chinese sector performance in March, 2013.

sectors_2013march



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