Tilly’s Inc. (TLYS) Moves Higher on Volume Spike for September 04

Tilly’s Inc. (TLYS) traded on unusually high volume on Sep. 04, as the stock gained 6.89% to close at $25.14. On the day, Tilly’s Inc. saw 1.32 million shares trade hands on 8,913 trades. Considering that the stock averages only a daily volume of 318,846 shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Chinese investors expect a turnaround in the beaten-down stock market, survey shows

  • Seventy-three percent of roughly 200 investment professionals in Shanghai and Beijing said in August that they predicted positive returns for mainland Chinese stocks, a J.P. Morgan survey showed.
  • One in three, or 33 percent, forecast gains of 5 to 15 percent domestic stocks, known as A shares.
  • The recent market drop has brought down the price of some good quality companies to a more attractive valuation, according to Eric Bian, investment specialist at J.P. Morgan Asset Management.

 

A majority of mainland Chinese investors expect the battered local stock market to rise over the next 12 months, according to a J.P. Morgan Asset Management survey released Monday.

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