Most ATF indices rise; financials lead gains for second day

The financial sector pushed the ATF flagship index up 0.06%

Most ATF indices rise; financials lead gains for second day
Rising High: Bonds of the Bank of communications were among the biggest gainers on Tuesday. 

(ATF) All but one of the ATF China bonds indices closed higher on Tuesday, with the flagship China Bond 50 gauge rising 0.06%. The ATF ALLINDEX Corporates, Financial and Local Governments gained 0.02%, 0.04% and 0.01%, respectively, and the ATF ALLINDEX Enterprise measure lost 0.09%.

The ATF China Bond 50 Index rose 0.06%. 

Within the benchmark gauge, financial names posted the biggest moves for the second consecutive day. Significant advances were seen in the the bonds of Shanghai Pudong Development (0.29%), Bank of Communications (0.42%), Agricultural Bank of China (0.27%), China Minsheng Banking (0.13%), Ping An Bank (0.12%), China Zheshang Bank (0.16%), Huishang Bank (0.2%), Hua Xia Bank (0.32%), and China Development Bank (0.59%). Meanwhile, China Merchants Bank lost 0.16%.

The ATF Corporates Index added 0.02%. 

Those are also constituents of the ATF ALLINDEX Financial gauge, and they helped lift it along with Shenwan Hongyuan Securities and China Securities which rose 0.19% and 0.2% respectively. The bonds of GMAC-SAIC Automotive retreated 0.77%. 

The ATF Enterprise Index lost 0.06%.  

Henan Province Tolling Highways was the biggest mover of the ATF ALLINDEX Corporates, gaining 0.36%, while all of the constituents of the ATF ALLINDEX Local Governments rose just 0.01%. 

The ATF Financials Index climbed 0.04%. 

Names in the industrial, real estate and financial sector posted losses in the ATF ALLINDEX Enterprise gauge, with Shanghai Electric Group retreating 2.24%, Shanghai Chengtou Holding losing 1.54%, and Chongqin Yufu Assets dropping 0.35%. Hefei Construction posted the biggest gain within this index, rising 0.21%.  

The ATF Local Government Index added 0.01%.