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Gem Index Fell Below 1000 Points Again

2011/1/25 14:14:00 50

Gem Index Fell Below

Over the past month, the gem has fallen heavily. As of yesterday's close, the gem index has fallen below 1000 points, with a 994.97 point.

Closing quotation

Compared with the highest point in December 20th, it dropped by 20% at 1239.60.


In recent years, new stocks have broken down, coupled with frequent chopping of high priced small cap stocks, and small and medium sized boards and gem have become the leading sectors of the market.

The gem index was launched in June 1st last year. Its benchmark date is May 31, 2010, with a benchmark figure of 1000.


At the beginning of the index, the growth enterprise market also showed weakness.

minimum

When it fell to 832.62, a wave of gains after last October led the index to hit a new high of 1239.60.


As of yesterday's closing, the gem index broke a thousand points, which means that it returned to the level of the end of May last year, while the Shanghai and Shenzhen stock index also rose in different periods. The Shenzhen stock index increased by 12.59% from the end of May last year, while the SME board index rose by 11% during the same period.

In the past eight months, the performance of GEM has been comparable to that of the long and weak stock market. Only the Shanghai 50 index is close to that of the gem index.


In terms of stocks, by the end of May last year, the stocks with a total decline of more than 40% will have 300116 of them, and 300106 of the western stock industry.

When l

Technology (300073, stock bar) and Hua Wu stock (300095, stock bar), Heshun electric (300141, stock bar), century Riel (300150, stock bar), National Technology (300077, stock bar), Hengxin mobile (300081, stock bar), Tian Zhou Culture (300148, stock bar), quantum high tech (300149, stock bar) and a large number of GEM stocks fell more than 30%.

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