There were only three trading days last week. A shares continued to consolidate in a narrow range without much fluctuation in the market. The major indexes showed a shock decline as a whole, and the weekly line generally fell. The Kechuang 50 index closed negative for six consecutive weeks. The transaction volume of the two cities increased slightly, but it is still below trillion. The trend of Hong Kong stocks was repeated, and the Hang Seng Index fell below 22000 points. Most European and American stock markets closed higher, the Federal Reserve accelerated the tightening of monetary policy, the expectation of warming up, and the NASDAQ index fell significantly.
In the A-share index last week, the performance of SSE 50 was relatively good: - 0.60%, and the comprehensive performance of gem was relatively poor: - 3.64%.
From the perspective of last Tuesday's eight day conversion, the performance of the large index is relatively good: 0.13%, and the performance of the small index is relatively poor: - 2.02%.
In terms of market style last week, the stable performance was relatively good: 2.69%, and the growth performance was relatively poor: - 3.97%.
As of April 8, the PE (TTM) of Shanghai composite index was 12.45 times, that of Shenzhen composite index was 32.51 times and that of gem was 50.43 times.
From the perspective of PE, in shenwanyi industry, leisure services are significantly higher than the historical average, and the industry valuation quantile is 87.2%; The valuation of automobile, agriculture, forestry, animal husbandry and fishery is slightly higher than the historical average, and the industry valuation quantiles are 80.3% and 70.2% respectively. The valuations of electronics, non-ferrous metals, steel, national defense and military industry and media industries are significantly lower than the historical average, and the industry valuation quantiles are 1.6%, 4.7%, 16.3%, 18.3% and 5.3% respectively.
As of April 8, the price earnings ratio of S & P 500 was 22.33 times, down 0.03% from the previous week, and the price earnings ratio of Dow Jones Industrial was 23.11 times, up 0.35% from the previous week; The price earnings ratio of the NASDAQ index was 33.32 times, up 0.33% from the previous week.
As of April 8, the price to book ratio of Hang Seng in Hong Kong was 1.02 times, up 0.65% from the previous week, and the price to book ratio of Hang Seng China enterprise index was 0.95 times, up 0.17% from the previous week; Hang Seng Hong Kong's 35 price to book ratio was 1.08 times, up 1.60% from the previous week.
Risk tip: the epidemic situation is repeated, the liquidity is lower than expected, and the market fluctuates sharply
