The overall cash flow ETF Penghua's defensive value stands out, waiting for the market's selling momentum to weaken
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Today, the overall market experienced fluctuations and adjustments. The CSI Cash Flow Index opened lower and trended downward, with weak sideways trading in the afternoon and a slight rebound at the end, overall slightly outperforming the broad market. The oil and electricity sectors led the gains, significantly boosted by the geopolitical conflicts in the Middle East, with ICE Brent crude and INE crude oil surging. The cash flow index relied on counter-cyclical sectors such as oil and gas to maintain a relatively resilient bottom line, demonstrating its defensive foundational value. The latest quote for the Penghua All Share Free Cash Flow ETF is 1.34 yuan, closely tracking the CSI All Share Free Cash Flow Index
Source: 腾讯新闻 - 财经 The copyright of this article belongs to the original author/organization.
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