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CNH Trading Volume Surges 127.63% to 4.48 Billion, Ranks 195th Despite Stock Price Dip
Generated by AI AgentAinvest Volume Radar
Friday, Jun 20, 2025 8:01 pm ET1min read
On June 20, 2025, the trading volume of
reached 4.48 billion, marking a significant increase of 127.63% compared to the previous day. This surge placed CNH at the 195th position in the daily stock market rankings. However, despite the high trading volume, CNH's stock price experienced a slight decline of 0.08%.Analysts from UOB Group have noted that the USD/CNH exchange rate is likely to trade within a lower range of 7.1750 to 7.1930. This prediction is based on a slight increase in downward momentum observed in recent trading sessions. The analysts, Quek Ser Leang and Peter Chia, suggest that in the longer term, the USD/CNH exchange rate is expected to stabilize within a broader range of 7.1620 to 7.2200.
This downward pressure on the USD/CNH exchange rate is likely to have a stabilizing effect on CNH's stock price, as a weaker USD generally supports the value of the Chinese currency. However, investors should remain cautious as market conditions can change rapidly, and unexpected events could lead to volatility in the exchange rate and stock price.
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