Optical Communications Sector Rises During Regular Session, AXTI Up 2.45%, NOK Up 2.02%
During the regular session on September 15, the optical communications sector showed an overall upward trend. As of press time, most constituents in the sector recorded gains, with relatively positive trading sentiment. AXTI performed most prominently, touching a high of $59.789 during the session and closing at $58.460, up 2.45%, leading the sector's gains.
Among other mainstream names, NOK rose 2.02% to $9.845, with trading volume of 74.34 million shares and turnover of $738 million, making it the most actively traded. COHR gained 1.58% to $270.720, with turnover of $895 million; MRVL advanced 1.45% to $222.000, with turnover reaching $2.314 billion, the highest in the sector. LITE and AAOI rose 0.70% and 0.47% to $840.880 and $96.210, respectively. GLW edged down 0.14% to $143.400, while POET fell 2.36% to $7.255, the weakest performer in the sector.
On the derivative front, MVLL showed strong performance, up 2.64% to $25.700, with turnover of $35.41 million; LITX gained 0.52% to $25.875. LITZ and AAOX moved -1.11% and 0.34% to $8.435 and $8.810, respectively. Overall, the optical communications sector trended higher today, with 9 of 12 constituents closing up and 3 down, indicating renewed market confidence in the sector.
Sector constituents
| Name | Ticker | Last | Change |
|---|---|---|---|
| MVLL | MVLL.US | 25.700 | +2.64% |
| AXTI | AXTI.US | 58.460 | +2.45% |
| NOK | NOK.US | 9.845 | +2.02% |
| COHR | COHR.US | 270.720 | +1.58% |
| MRVL | MRVL.US | 222.000 | +1.45% |
| LITE | LITE.US | 840.880 | +0.70% |
| LITX | LITX.US | 25.875 | +0.52% |
| AAOI | AAOI.US | 96.210 | +0.47% |
| AAOX | AAOX.US | 8.810 | +0.34% |
| GLW | GLW.US | 143.400 | -0.14% |
| LITZ | LITZ.US | 8.435 | -1.11% |
| POET | POET.US | 7.255 | -2.36% |
