SPb-Exchange summed up the results of stock trading in November. Looks like, investors took advantage of the decline in Alibaba shares and increased their share in their portfolios. But the fallen papers of Virgin Galactic do not want to buy.
Tesla, Nvidia and Moderna are the most popular
In November, investors traded securities of 1661 issuers. Tesla shares topped the charts for the second month in a row, they had 12,59% of the total volume. Here are some other papers included in the top ten most popular.
Nvidia — 4,57%. 18 November chip developer reported better than expected. Total quarterly revenue increased by 50%, sales of video cards - on 42%, sales of processors for data centers - on 55%. In November, NVDA shares rose by 28%.
3 December it turned out, that the U.S. Federal Trade Commission filed a lawsuit against Nvidia. The regulator blocked the purchase of ARM, another chip developer. According to the commission, this will lead to a big advantage for Nvidia over competitors and a monopoly.
Modern — 3,93%. 4 November COVID-19 Vaccine Maker Reports Lower-than-Expected Quarterly Revenue. The company also changed its forecast for vaccine sales in 2021 from 20 up to 15-18 billion dollars. Moderna has postponed part of sales until early next year due to disruptions in the supply chain.
26 november, when WHO convened an urgent meeting, markets learned about the new strain "omicron". WHO calls the risk of spreading the strain high, and the major stock indexes began to fall. One of the few growing companies was Moderna, which promised to develop a vaccine against "omicron" by the beginning of next year. In November, MRNA shares rose by 2%.
Alibaba — 2,44%. Problems with regulators, who have been following the company for a year, added corporate. 18 November retailer reported worse than expected. Total quarterly revenue increased by 29%, but the main income from the platforms Taobao and Tmall grew by only 3%. Alibaba explained this result by growing competition in the online trading market.. The company changed its forecast for sales growth for the current fiscal year from 30 up to 20-23%. In November, BABA shares fell by 23%.
3 December, Chinese carrier DiDi announced its withdrawal from the New York Stock Exchange. Chinese authorities are worried about a possible leak of customer data and put pressure on the company since the IPO. Also, US regulators have amended the law and will now closely monitor the financial statements of foreign issuers.. On such news, papers of Alibaba and other Chinese companies continued to fall.. Alibaba shares still hold the largest stake in investor portfolios.
Leaders in trading volume
| Tesla | 12,59% |
| Nvidia | 4,57% |
| Modern | 3,93% |
| Alibaba | 2,44% |
| Amazon | 1,71% |
| Meta | 1,64% |
| Apple | 1,53% |
| VipShop | 1,45% |
| AMD | 1,40% |
| PayPal | 1,36% |
12,59%
Occupy the largest share in investor portfolios
| Alibaba | 5,91% |
| Apple | 3,22% |
| Tesla | 2,97% |
| Virgin Galactic | 2,45% |
| Freedom | 2,18% |
| Meta | 2,00% |
| Microsoft | 1,91% |
| Amazon | 1,79% |
| Boeing | 1,68% |
| Baidu | 1,68% |
5,91%
Investors bet on Alibaba
Alibaba shares have been holding the largest share in portfolios for many months, although the share price has been falling for over a year. Stocks began to drop rapidly in July, when the Chinese authorities tightened control over their companies. Along with the shares, the share of Alibaba in portfolios also fell, with 6,12% in June to 5,35% in August. By the end of November, the stock fell even more, but now their share in portfolios has grown to 5,91%.
Но не на Virgin Galactic
June and July are hot times for Virgin Galactic stocks, which then accounted for 25% of the total trading volume. From mid-May to the end of June, securities rose by 250% on the news of new flights. The share of stocks in portfolios also increased.
But in the second half of July, stocks began to fall. After the flight with the participation of founder Richard Branson, Virgin Galactic held an additional issue, and later postponed all testing until the second half of 2022. By the end of November, the stocks fell sharply, and their share in portfolios fell from 4,87% in May to 2,45%. Investor interest in trading in the company's shares has also waned.. In November, Virgin Galactic failed to enter the top 10 in terms of trading volume for the first time in many months..
