GEM market capitalization fall by nearly 12.0 billion
Only two more investors into a successful “escape”
After the first day of high distribution and stir-fry, 28 GEM stock price was “mad”, Monday to have high-altitude diving Not surprisingly, 20 stocks closed at the lower limit. And listed on the first day compared to 28 stock market value has shrunk November 2 of 11.899 billion yuan, has shrunk a rate of 8.5%. This can be a lot of pain the first day of admission investors, statistics show that November 2 GEM combined turnover of 353.5 thousand pens, only about 24% of the investors “flee” success.
GEM static price-earnings ratio 102 times the
28 stocks listed on the GEM the beginning of the strongly sought after by investors, the valuation is too high already overdrawn growth of these stocks. According to the Listing on the first day closing price of 28 GEM stock price-earnings ratio reached an average of 111.67 times the static. Even after November 2 large adjustments, the GEM stock average static price-earnings ratio is still high, for 102.18 times.
The high valuation makes the GEM the hands of investors, the stock has become a hot potato, November 2 an opening, a deluge of selling shares to the majority of the GEM on the pressure in the daily limit. 28 GEM stocks, 20 stocks lower limit, and only Yoshimine farm machinery, and Anco animals become a “green pair of little red 10000″, Yoshimine agricultural Dikaigaozou, to close at the daily limit.
Diving to the GEM stock investors suffered heavy losses, with the first day of listing compared with 28 stock market value has shrunk November 2 of 11.899 billion yuan, has shrunk a rate of 8.5%. S & P’s largest music market fell 10 percent health care, market value of 2.574 billion yuan. Huayi Brothers has attracted attention after the market plunge has also shrunk by 1.189 billion yuan.
According to trade statistics, the first day of institutional investors to buy shares accounting for only 2.63%, retail investors to become the GEM, swarmed the sensation in the crash brought on the 2nd. Most of the stock lower limit, making the first day of admission to ship difficult for investors, especially the first day of listing of high pick-up of the investors is miserable. Statistics show that the first day of listing on GEM combined turnover of 434 million shares, while the November 2 Total turnover of 168 million shares, listed on the first day of only 38.63%.
Difficult retail shipments
Yoshimine limit-farm impact, he makes the GEM stocks have opened lower limit, a brief rebound, but the selling pressure as the 20 stocks lower limit again. Because the market mostly retail investors, operating techniques and time constraints makes them difficult to ship.
Statistics show that the first day of listing on GEM turnover of 1.4572 million pen, while the November 2 GEM turnover of 353.5 thousand pens, only the first day of 24.26%. Accordance with the transaction amount in mind and is estimated that less than one quarter of the investors in the November 2 sell the stock.
Moreover, according to the Institute of Statistics great wisdom, November 2 28 stocks total 3.211 billion yuan of funds to buy, sell 3.364 billion yuan of funds, capital outflow of 153 million total.
Listing the first day of the performance of the gold sub-technology eye-catching November 2 became the largest stock of capital outflows, amounting to 52.5041 million yuan, the stock closed at the lower limit a long time, turnover 41.10%. Yoshimine largest agricultural machinery is the inflow of capital stock, amounting to 33.6624 million yuan. Nam Fung shares, and the Albert Eye Ultrapower capital inflows more than 10 million yuan.
Market analysis, the GEM through sensation in the short term, towards the value of return is inevitable. For retail investors, apart from participating in the GEM investment enthusiasm, but also need more investment in a rational and calm.
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