ETF Today's Closing Review | S&P Oil & Gas ETF Jiashi Gains Over 4%, Photovoltaic and Green Power Related ETFs Drop Over 3%

GateUser-bd883c58 · 2026-04-01T09:27:15+00:00

Due to the tense situation in the Strait of Hormuz, investors expect the Middle East conflict to continue, driving energy-related ETFs higher, such as the S&P Oil & Gas ETF, which rose over 4%. Photovoltaic-related ETFs declined by more than 3% due to market adjustments, but the industry may have valuation recovery opportunities in the future.

GateUser-bd883c58

2026-04-01 09:27:15

Abstract generation in progress

Ask AI · How might Middle East conflict expectations keep lifting energy ETFs?

By China Business Network Reporter: Ye Feng Edited by China Business Network: Peng Shuping

The market bottoms out and rebounds; the three major indices move with mixed gains and losses, and the Shanghai Composite turns red after a rebound. From the sector perspective, the biopharmaceutical sector remains actively trading, the commercial spaceflight theme bottoms out and rebounds, the direction of non-ferrous aluminum performs strongly throughout the day, and the fiber-optic concept continues to rise steadily during the session. On the downside, power stocks tumble sharply.

In terms of ETF daily price movements, the S&P oil & gas ETF (Harvest) rises by more than 4%, and ETFs related to gold stocks rise by more than 3%.

Some analysts believe that because disruption expectations for navigation through the Strait of Hormuz are likely to last longer, investors are worried that the ever-expanding conflict will bring greater disruption to the energy market, and expectations that the Middle East conflict will be resolved quickly have cooled significantly.

On the downside, ETFs related to photovoltaics and green power fall by more than 3%.

One brokerage firm said that the valuation of the photovoltaic industry is still at a historically low level. Looking ahead, measures around de-involution in product sales pricing, consolidation and integration through mergers and acquisitions between companies, higher industry entry thresholds, and policies to raise product quality standards are expected to be rolled out one after another. The competitive landscape and industrial-chain ecosystem of the photovoltaic industry are expected to be optimized, and there is an opportunity for valuation to rebound in the sector.

China Business Network Daily

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

2 Likes