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Basic materials, capital goods rock early Sept.

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buy_5 September 13, 2013 (Chinavestor) Basic materials, capital goods, and financial stocks outperformed the rest among Chinese US listings for the first two weeks in September. But consumer durables and utility stocks missed out on the broad rally as the following chart testifies.

On a stock level, Aluminum Corp. of China (NYSE:ACH), a sector heavy weight, rose 14.1% and is primarily responsible for the superb performance of basic materials.

China Yuchai (NYSE:CYD) and Wuhan General (NYSE:WUHN) stand out among capital goods.

Airliners and railway stocks got back their mojo in September - see transportation sector.

 

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