北交所日报-20260318

Core Insights - The overall performance of the Beijing Stock Exchange (BSE) on March 18, 2026, showed a slight increase with the BSE 50 index rising by 0.69% to 1,375.42 points, while the specialized and innovative index increased by 0.44% to 2,287.53 points [1][2] - The total market capitalization of the BSE reached 8,800.34 billion, with a circulating market value of 5,314.87 billion, indicating a healthy market environment despite a decrease in trading volume compared to the previous week [1][2] - The trading volume on this day was 151.54 billion, with a turnover rate of 2.55%, reflecting a decline from the average daily trading volume of 197.29 billion in the previous week [1][2] Industry Performance - The BSE saw mixed performance across various industries, with the non-ferrous metals sector leading with an increase of 83.8%, followed by telecommunications (2.9%) and media (2.1%). Conversely, the oil and petrochemical sector experienced a decline of 8.8%, along with public utilities (-4.3%) and agriculture, forestry, animal husbandry, and fishery (-2.2%) [1][2] - The overall valuation of BSE-listed companies was reported at a price-to-earnings (P/E) ratio of 43.31 times, which is lower than that of companies listed on the Sci-Tech Innovation Board (74.59 times) and the ChiNext (44.79 times) [1][2][8] Stock Performance - Among the top gainers, Zuxing New Materials (族兴新材) surged by 405.73%, followed by Tiangong Co. (天工股份) with an increase of 8.07% and Fangsheng Co. (方盛股份) rising by 6.73% [1][6] - On the downside, Keli Co. (科力股份) saw the largest drop at -8.85%, followed by Taipeng Intelligent (泰鹏智能) at -8.70% and Kelaite (克莱特) at -5.70% [1][7] Valuation Insights - The highest average P/E ratio among industries was found in the oil and petrochemical sector at 124.7 times, followed by non-ferrous metals at 105.4 times and telecommunications at 83.0 times [1][8] - The valuation trends indicate that the BSE is positioned as a more attractive investment option compared to other boards, potentially offering better entry points for investors [1][11]