The Gem Index Has Reached A New Low Of &Nbsp, And Has Lost Significantly.

May 17th, Shanghai and Shenzhen

At the close, the gem index closed at 895.15 points, down 11.19 points, or 1.23%, compared with the previous trading day, the lowest closing price since July 19, 2010. The SME board index closed at 6750.22 points, down 14.35 points, or 0.21%, compared with the previous trading day.

On the same day, 131 of the 210 GEM stocks that were trading normally fell, accounting for more than 6 of the shares, but fewer stocks fell. Only 16 stocks fell more than 3%, and most of the shares fell less than 2%.

The three biggest stocks are Watson bio, national technology and Jifeng agricultural machinery. Among them, Watson's biological limit is down, and the decline of national technology and Ji Feng farm machinery reaches 9.81% and 9.74% respectively.

At the same time, there are also strong stocks in the plate. The 5 day Qianshan drug trading limit has been listed, and the closing price of Ketai power and Da Yu water saving has increased by more than 4%.

Of the 556 small and medium board stocks that were trading normally, half or half of the shares were up and down, and more than 5% of the shares were down by 9 and 10, respectively, indicating that the strength of the short and medium sized stocks was more balanced than that of the 5%.

Seiko technology, Malata and Dongli pmission limit, the performance of the three stocks has been very strong.

There are two stock exchanges, namely, St. Lai DA and the new territories pump industry.

In terms of valuation, the current price earnings ratio (TTM overall method) of gem and small and medium board is 37.40 times and 47.93 times respectively.

GEM stocks with a P / E ratio of less than 30 times have 5 stocks, the lowest is bi Lin share, 27 times; 59 of the small and medium board price earnings ratio is less than 30 times, the lowest is de Mei chemical industry, 11 times.