Last week, the trend of A-Shares was still in the doldrums and continued the weak and volatile market. The three major indexes adjusted again. The gem index hit a new low in the year. The average daily turnover of the two cities shrank slightly compared with the previous week, and market sentiment still needs to be restored. Hong Kong stocks continued to fluctuate again, and the Hang Seng Index closed slightly red. Due to Good Friday, many European and American countries were closed for one day last Friday. As of last Thursday, major European stock indexes collectively closed up, while the US index fluctuated at a high level and closed positive on the weekly line.
In the A-share index last week, the performance of SSE 50 was relatively good: 0.17%, and the comprehensive performance of gem was relatively poor: - 4.26%.
From the perspective of last Tuesday's eight day conversion, the performance of the large index is relatively good: - 0.27%, and the performance of the small index is relatively poor: - 2.08%.
In terms of market style last week, the consumption performance was relatively good: 1.41%, and the growth performance was relatively poor: - 5.06%.
As of April 15, the PE (TTM) of Shanghai composite index was 12.44 times, that of Shenzhen composite index was 32.03 times and that of gem was 48.72 times.
From the perspective of PE, in shenwanyi industry, leisure services are significantly higher than the historical average, and the industry valuation quantile is 85.5%; The valuation of automobile and food and beverage industries is slightly higher than the historical average, and the industry valuation quantiles are 79.5% and 77.3% 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 0.1%, 3.1%, 17.7%, 17.1% and 4.0% respectively.
As of April 15, the price earnings ratio of S & P 500 was 22.01 times, down 1.44% from the previous week, and the price earnings ratio of Dow Jones Industrial was 22.84 times, down 1.16% from the previous week; The price earnings ratio of the NASDAQ index was 32.13 times, down 3.58% from the previous week.
As of April 15, the price to book ratio of Hang Seng in Hong Kong was 1.02 times, down 0.67% from the previous week, and the price to book ratio of Hang Seng China enterprise index was 0.94 times, down 0.63% from the previous week; Hang Seng Hong Kong's 35 price to book ratio was 1.07 times, down 1.21% from the previous week.
Risk tip: the epidemic situation is repeated, the liquidity is lower than expected, and the market fluctuates sharply
