The Gem Index Fell 2.68%&Nbsp On The First Day, Showing Two Major Features.
In June 1st,
Gem
On the first day of the show, it closed at 973.23, down 2.68%.
Compared with the Shanghai Composite Index, Shenzhen stock index and small and medium-sized board, the decline and amplitude of the growth enterprise market index are slightly larger.
Market analysts believe that from the first day of operation, gem has also initially shown a strong volatility, high yield characteristics.
On the same day, the gem index opened at 986.02 points, and then rebounded to 994.79 on the same day, down to a minimum of 948.12 points. Finally, it rose to 973.23 at the end of the day, with an amplitude of 4.67%.
Data showed that the Shanghai Composite Index fell 0.92% on that day, with an amplitude of 2.49%, the Shenzhen composite index fell 1.04%, the amplitude was 2.7%, and the medium and small board index fell 1.49%, with an amplitude of 3.66%.
In response, many market analysts believe that the gem refers to the normal trend, and its operating situation is not divorced from the whole market.
Coincidentally, more than five years ago, the Shenzhen Stock Exchange launched
Medium and small plates
It also coincided with the poor market environment. When the stock index just launched, there was also a continuous decline.
It is understood that before the launch of the gem index, the relevant departments from the first batch of GEM companies listed on the eleventh trading day, that is, in November 13, 2009, the gem index internal simulation.
The results show that the volatility is moderate.
from
Gem index
The trend of simulation shows that in the 134 trading days, there are 68 trading days, the gem index wins the Shenzhen composite index; 38 trading days have opposite trend with the Shenzhen composite index; the difference between the rise and fall of the gem index and the Shenzhen Composite Index's difference is 2 percentage points or more, there are 55 trading days, and the biggest difference between them is April 13th.
The results show that the characteristics of gem stock style are obvious, showing the characteristics of high risk and high return.
According to the data released by the Shenzhen Stock Exchange, the average price earnings ratio of the 86 GEM companies has been reduced to 62.54 times.
Some analysts believe that the launch of the gem index is likely to accelerate the return of gem valuation.
Datong securities analyst Zhang Hongbin said that at present, the valuation level of gem is still high. The launch of the gem index will change the independence of the gem before the main board market, which is conducive to changing the current situation of the gem's current overvalued premium and to some extent curb speculative speculation.
However, from overseas research, the GEM market is a relatively independent high risk market compared to the main board market.
There is a higher premium at the initial stage of the listing. As the market becomes more rational, the gem index will also fall.
Overseas major gem markets, such as NASDAQ and AIM, have experienced a history of over 50% of market index.
- Related reading
Patent Disputes Are Frequent, And GEM Companies Should Be "Soft Patents" When They Are Cold.
|Kang Zhi Pharmaceutical Deducts "Breaking Up And Ascending The Sky" Old Medicine And New Foam Geometry.
|- Recommended topics | "L&XF Cup" Draws Self.
- quotations analysis | The Cold Winter Is Approaching &Nbsp; The Winter Clothing Price Is "False Fire" Rising.
- Women's wear | Wiseman Dress 2012 Spring And Summer New Products Release Elegantly
- Instant news | E-Commerce Opens Up New Sales Channels For Underwear Brands
- quotations analysis | This Winter Consumption Downturn Has Become A Major Test For The Underwear Industry.
- Leisure clothes | TOMBOLINI Enters The Chinese Market &Nbsp; Du Chun Comes To Help.
- Recommended topics | The True Self Power Of The "Saint De Si Cup"
- Recommended topics | “歐迪芬杯”用創意凈化世界
- Local hotspot | 2011 Asahi Asahi, China Fashion Designer Creative Award
- Clothing store | MF&Nbsp; ART+ Concept Store Settled In Shanghai New World
- 2010 Stone Lions Shoes Enterprises Attach Importance To The Development Of Scientific And Technological Talents: R & D
- 2010“跨界營銷”風潮蔓延童鞋行業
- 鞋品預言:女尚自然男崇舒適
- 溫州鞋企大力推行環保產業
- Gansu Shoe Store Sudden Fire &Nbsp; Suspected Wire Short Circuit Trigger
- Why Does The Discount Sale Of Tourist Shoes Lose Instantly?
- Children'S Shoes, Babu Bean Graphics Lead To Trademark Disputes
- Humen International Garment Machinery City Will Open Formally At The End Of June.
- Tonlion Opens The "Net Marketing" Road Three Steps
- 2010 Wenzhou Environmental Protection Leather Shoes To Help Enterprises Pformation And Upgrading