Yesterday, The Shanghai Stock Index Volume Station On The 60 Day Of The First Half Of The Index Is Now The Overall Reduction.

　　 A shares The market frenzy of Beijing, Tianjin, Hebei and preferred stock subjects, and finally Shanghai stock market turnover for two consecutive days stood at 100 billion yuan, up 18.66 points, closed at 2066.68 points, and the first 60 day line since February 24th, while the gem index is not expected to fall due to expansion expectations, running two days on the 60 day line.

Reporters noted that with the A shares of the main board market flourishing, the index futures contract also clearly withdrawn.

Gem falls below the "lifeline"

Last Friday, the SFC formally issued the "preferred stock pilot management measures", which is the direct reason for the market rally on Friday. The securities dealers generally believe that banks, electricity, transportation, construction, coal and other industries are expected to take the lead in the blue chips. Yesterday, a number of blue chips rose, leading the Shanghai stock index to continue upward, the final index closed at 2066.28 points, the first 60 day line since February 24th. Yesterday, the Shanghai Stock Exchange traded at 110 billion 200 million yuan, 109 billion 400 million yuan last Friday, and the Shanghai Stock Exchange has been trading for two consecutive days at 100 billion yuan.

But the growth enterprise board's luck is not so good. Last Friday, the SFC announced that it would comprehensively promote the reform of the growth enterprise market. The market generally believed that the relevant reform measures would directly lead to a big expansion of the growth enterprise market. Therefore, yesterday's growth enterprise market index fell 22.55 points, or 1.59%, to 1379.29.

Reporters noted that since February 25th, the gem represents a record high of 1571.40 points in the market, which fell 4.37% on that day, and has since been low consolidation, but is running on the 60 day line. Last Friday, the gem fell below the 60 day line, and it continued to fall yesterday, further away from the "lifeline". Some analysts believe that the gem is going down after a period of consolidation, and its momentum can not be underestimated. Investors should be more cautious.

Yesterday, there was also a bad news for the A share market. HSBC's HSBC manufacturing PMI preview in March unexpectedly dropped to 48.1, the lowest level in 8 months (since July last year) and below 3 in the 3 consecutive months. HSBC's PMI2 final value is 48.5.

　　 Analysts: poor economy is hard to say bull market

"The Shanghai stock market is mainly because the market is hyping the theme of Beijing, Tianjin, Hebei and preferred stock". A strategist at a brokerage firm in Beijing told the daily economic news that at present, the market can only think that the market is hyping short-term themes, rather than a reversal of the trend, because the economy is weak. "No matter whether the preferred stock stimulates the blue chip or QFII enters the market, it does not constitute a major impact on the market. Only the economic fundamentals can make the blue chips continue to take the bull." The analysts believe that from the PMI data, the economic downturn is not over, upstream stocks such as iron ore and other raw materials are still high. If economic data continue to be sluggish, it is hard to say that the A share market style transformation is hard to say.

Reporters noted that yesterday's stock index futures IF1404 contract holdings of 78 thousand and 200 hands, compared with the previous trading day of 78 thousand and 300 hands. In the contract, both sides were cautious. Among them, multi-party boss Guotai Junan lighten up 848 positions, and CITIC futures, the short end, reduced 1421 positions.

Yesterday, the top 20 IF1404 contracts were added to 1194 positions, and the first 20 were 48. This is the first time that the first 20 of the short listed teams have been the whole since the contract was released in March 11th. reduce one's position size 。