China News Agency, Beijing, May 29 (Reporter Chen Kangliang) As the last trading day of May, China's A shares closed on the 29th, and the four major stock indexes all rose. Among them, the Shanghai Composite Index rose 0.22%, the performance was stable throughout May.
Hou Yingmin, an analyst with Aijian Securities, said that the overall market in May showed a volatile pattern. At the beginning of May, the technology sector regained its activity, once again boosting market sentiment, the stock indexes also hit successive rebound highs, and confidence in many parties was restored. However, with the recent signs of escalation in Sino-US economic and trade frictions, the overall performance of the market has tended to be cautious, especially the overall decline in the technology sector, which has affected market sentiment.
On the last trading day of May, as of the close of the Shanghai Stock Exchange Index, it reported 2852 points, an increase of 0.22%, with a turnover of 233.8 billion yuan (RMB, the same below); the Shenzhen Composite Index reported 10746 points, an increase of 0.87%, and a turnover of 383.5 billion yuan; the small and medium board index At 6995 points, it rose 0.95%; GEM index reported 2086 points, up 1.54%.
Shen Zhengyang, an analyst at Northeast Securities, said that the rise in the A-share market on that day was mainly due to favorable policies. For example, in terms of monetary policy, Chinese officials have proposed "draining water to raise fish", which means that the future liquidity status is reasonably adequate.
On the 29th, the People's Bank of China carried out a 7-day 300 billion yuan reverse repurchase operation. Due to the expiration of the non-reversal repurchase, the open market realized a net investment of 300 billion yuan.
In terms of specific sectors, most industry sectors of A shares rose on the day. Among them, the tourism sector led the rise of A shares, an increase of 4.53%. (Finish)