Four reasons why the stock market soared on Friday

 Four reasons why the stock market soared on Friday
four main cities rose mainly due to attempts to start another upward move
positive interpretation of macroeconomic data to break the deadlock
4000 Changyang broader point: the main plot to start another upward move
Shanghai and Shenzhen stock market rose sharply yesterday. The Shanghai Composite Index and Shenzhen Component Index closed stations and 13,000 on the 4,000 points mark an integer, Changyang Lianchuang 30 EMA and 60 day moving average. the day Shanghai Composite Index opened slightly higher to 3918.41 points , then all the way upstream shock.
lunch after the opening stock quickly regained 4,000 points mark. touch 4062.12 points in the previous day high, the Shanghai Composite Index closed at 4,058.85 points, compared with 145.91 the previous session rally points, or 3.73% of turnover of 106.571 billion yuan; The Shenzhen Component Index closed at 13,417.96 points the same day, or as much as 4.90% on turnover of 54.651 billion yuan. the two cities a total turnover of 161.22 billion yuan, representing a significantly enlarged the previous session.
accompanied by a strong rebound in Shanghai and Shenzhen Stock, 20, both the Shanghai and Shenzhen B share market rose more than 3%. the day the Shanghai B share index closed at 286.57 points, up 3.91% over the previous session; Shenzhen B-share index to close at 737.92 points, or up to 3.50%.
cities have 6 day limit B shares, B shares fell only 1.
Market Watch
financial and real estate stocks get angry with stock
strong upstream, broad based reproduction pattern of the two cities. gainers of the day 1336 the two cities, which limit non-ST up to 46 stocks; only 17 stocks fell, the two cities do not limit-down of non-ST stocks.
from hot plate to see yesterday's market, real estate and banking stocks led the broader market once again, on real estate stocks as a whole or up to 7.33%, the financial sector rose as high as 5.39%. the date of the total turnover between the two cities among the top six stocks, banking stocks accounted for Shanghai filled the top six, real estate shares in Shenzhen bank account for four seats. Vanke shares at the head of real estate stocks led the overall surge occurs, Vanke A, North Star, Shenshen Fang, Greenview real estate, Rhine home, outside the high bridge, construction and many other stocks Qixia limit. banking sector stocks also rose sharply, Bank of Ningbo, Shanghai Pudong Development Bank, or approaching limit daily limit, China Merchants Bank, Industrial Bank, Minsheng Bank, Bank of Nanjing rose more than 5%, ICBC and Bank of China were up 3.13% and 2.92%. and insurance company Ping An and China Life Insurance are both rose, or 6.54% respectively, and 4.05%. banking sector stocks sharply across the board sort of gross turnover on the day of the two cities, the Shanghai banking stocks accounted for before six, real estate shares in Shenzhen bank account for the first four seats.
According to the latest data published by the Exchange, as of Friday's close, the total market value of 13.9471 trillion yuan Shanghai Stock Exchange, the market value of 3.916237 trillion yuan in circulation, the average price-earnings ratio by the week 44.26 up to four times today's 45.92 times; the total market value of Shenzhen 4.1361 trillion yuan, 2.1468 trillion yuan in circulation market value; cities of the total market value of 18.0832 trillion yuan, representing a significant increase in 661 billion yuan on Thursday.