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etf midday review | A-share half-day turnover approaching trillion, etf continue to emerge with premium limit up trend, sci-tech 100 etf enhanced increase more than 17%.
GLENEAGLE September 27th | The three major stock indexes in A-shares surged in the morning trading session. As of midday, the Shanghai Composite Index rose by 2.14%, the Shenzhen Component Index rose by 6.37%, the Chinext Price Index rose by 9.33%, and the Bei50 Index rose by 10.46%. The half-day trading volume of the entire market reached 952.8 billion yuan, an increase of 402.5 billion yuan from the previous day. Over 5200 individual stocks rose in the two markets. In terms of the market, energy metals, baijiu, photovoltaic equipment, and real estate sectors led the gains. Banks and precious metals sectors led the declines. In terms of ETFs, a large number of premium limit-up trends continued to emerge, with the most eye-catching performance from the Sina Innovation ETF. Yifangda Fund's Sci-Tech Innovation 100 ETF Fund soared by 1.
A big dark horse ran on this track!
The market declined in 2022, ETFs bucked the trend, and the size and quantity of products grew steadily. According to the latest data, the size of ETFs climbed to 1.52 trillion yuan at the end of 2022, an increase of 0.12 trillion yuan over the beginning of the year. The number of ETFs at the end of 2022 was 756, an increase of 124 over the beginning of the year.