Top Narrow Based Indexes For May 31

By 11:00 am, the Dow Jones Industrial Average was up 62.74 points, or 0.50%, to 12,504.32, while the broader Standard & Poor's 500 index had gained 6.64 points, or 0.50%. The NASDAQ composite index rose 14.19 points, or 0.51%. Some of the narrow based indexes that are driving the markets are Chinese Solar Stocks, which have gained 4.3%, Chinese IT Stocks, up 3.3%, and Chinese Oil and Gas Stocks, moving 2.9% higher as a group. In Tickerspy's
Chinese Solar
complex, Yingli Green Energy Holding Co Ltd (NYSE:
YGE
) had surged 7.8%. YGE's PEG ratio is 0.34. The best performing Tickerspy
Chinese IT
stock has been Camelot Information Systems (NYSE:
CIS
), which was up 7.8%. Steadfast Capital reported 5.12% passive stake in CIS. Sinopec Shanghai Petrochemical Co Ltd (NYSE:
SHI
) is today's leading Tickerspy's
Chinese Oil and Gas
stock, gaining 3.9%. SHI's trailing-twelve-month revenue is $12.85 billion. Read more
from Benzinga's Markets.
Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.