This Month’s Biggest Index Gainers: Chinese Telecom, Chinese Solar, and Oil and Gas Stocks
July 2, 2010 by Douglas A. McIntyre
Despite the bearish market, three Tickerspy indexes which posted substantial gains over the last 30-day period. This month’s biggest index gainers are Chinese telecom, Chinese solar, and oil and gas pipeline stocks.
Chinese telecom stocks are up 6.5% in the past month. The best performing stocks in the sector are China Unicom (Hong Kong) Limited, (NYSE: CHU) up 13.1%, Chunghwa Telecom Co. Ltd., (NYSE: CHT) up 5.4%, and China Mobile Limited, (NYSE: CHL) up 5.4%.
Chinese solar stocks are up 6.4% in the past month. The best performing stocks in the sector are Yingli Green Energy Holding Co. Ltd., (NYSE: YGE) up 24.9%, ReneSola Ltd., (NYSE: SOL) up 16.4% and Trina Solar Ltd., (NYSE: TSL) up 12.8%.
Oil and gas pipeline stocks are up 5.8% in the past month. The best performing stocks in the sector are Buckeye GP Holdings L.P., (NYSE: BGH) up 26.5%, Copano Energy LLC, (NASDAQ: CPNO) up 12.4%, and Targa Resources Partners LP, (NYSE: NGLS)
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