China A shares start this week, "cold" pork stocks lead decline
China News Agency, Beijing, May 11 (Reporter Chen Kangliang) On the 11th, China's A shares "cold", and the four major stock indexes fell. Among them, the GEM index fell more than 1%.
As of the close, the Shanghai Composite Index reported 2894 points, a decrease of 0.02%, with a turnover of 271.9 billion yuan (RMB, the same below); the Shenzhen Stock Exchange Index reached 10969 points, a decrease of 0.29%, and a turnover of 412.8 billion yuan; the small and medium-sized board index reported 7180 points, a decrease of 0.71 %; GEM index reported 2102 points, a decrease of 1.05%.
Shen Zhengyang, an analyst at Northeast Securities, said that the overall weak trend of A-shares on that day was mainly due to the overall upward trend of the previous stock market, and this week the market will usher in a major wave of lifting the ban. Many funds have chosen to leave the market profitably, but taking into account the national "two sessions" The policy expectation and current market liquidity are relatively loose. It is not expected that the short-term market will show a large decline and will be in a shock pattern.
According to the statistics of financial data service provider Wind, this week, a total of 54 companies with restricted shares have been lifted, with a total of 4.284 billion shares. According to the closing price on May 8, the market value of lifting is 74.612 billion. The market value of lifting the ban last week increased by a large amount of 25.521 billion yuan.
In terms of specific sectors, most of the A-share sectors fell on the day. Among them, the pork concept sector led the decline in A shares, down more than 3%.
According to the monitoring data of the national agricultural wholesale market price information system, the pork price last week (May 1-May 9) was 43.14 yuan per kilogram, a decrease of 1.7% from the previous month. Based on this calculation, pork wholesale prices have fallen for the 11th consecutive week. (Finish)