Gem Three Market Value Soared 27 Billion Yuan

Despite the heavy attack again, the A share market has enjoyed the first week of the year.

Gem leads the main index

Judging from the performance of major indexes, Shanghai Composite Index rose 1.01% this week, Shenzhen index rose 2.51%, Shanghai and Shenzhen 300 index rose 1.01%, SME board composite index rose 3.32%, gem composite index rose 3.77%.

The obvious difference of index performance reveals the characteristics of the current market structure, and the small cap stocks show good elasticity in the trend of the big market rebound.

For the growth enterprise market, the recent rebound is a painful experience. Since the 1239.60 highest point in December 20, 2010, the gem index has been on the decline, and has been down for 6 consecutive weeks. This has never happened since the launch of the gem index.

And near the Spring Festival holiday, the gem index rebounded slightly in January 31st -2 1, 1.14%, and finally signs of a rebound.

After entering the rabbit year, the market bottomed up gave the gem a good opportunity to break out. In February 10th, the Shanghai Composite Index rose 1.59%, recovering 2800 points in one fell swoop, while the gem index rose by 3.78%, and the stock market rose.

As of Friday, the gem index closed at 1071.58 points and returned to mid January.

After the fall this week, as of February 11th, the average price earnings ratio of the 173 GEM stocks was 65.17 times, though

Market value increased by 27 billion yuan.

After this week's rise, the stock price of GEM has increased significantly.

Statistics show that as of February 11th closing, 173 gem

From the performance of individual stocks, GEM stocks, 170 stocks rose, accounting for 98%, showing a general trend of stocks.

However, the differentiation of the ups and downs is very obvious. Yuan Li shares (300174, stock bar) became the most eye-catching stock this week, with a weekly gain of 16.46%. In February 10th, it became the most recent new stock market.

In addition, net share technology (300017, stock bar), Huaping share (300074, stock bar) and so on 6 stock increase also all above 12%.

However, as many as nearly 50 stocks rose by less than 2%. These stocks are obviously behind the growth enterprise index.

Since 2011, the liquidity pressure of the A share market has become increasingly prominent. While the main board market is shrinking, there has been frequent breakage of high frequent new shares, as well as the continuous callback of small and medium sized boards and gem.

Statistics show that only 16 of the stocks listed in the fourth quarter of 2010 were in a state of breakage, accounting for 31% of the number of new shares listed during the current period.

Under high valuation pressure, the issue of high price is still a very prominent problem.

Market participants said that the return of capital and the rebound in volume were the main reasons for the recent strong growth of the gem. The short-term rebound did not mean the end of the return of the gem, and the future market trend and market liquidity will affect the performance of small cap stocks.