On May 13th, the three major indices of the A-share market showed mixed performances. By the close of trading, the Shanghai Composite Index rose by 0.17%, the Shenzhen Component Index fell by 0.13%, and the chinext Index declined by 0.12%. The total trading volume of the A-share market for the whole day was 1,326 billion yuan, A decrease compared with the previous day.
From the market perspective, the banking sector has risen, with the share prices of Bank of Shanghai, Shanghai Pudong Development Bank, Bank of Jiangsu, and Bank of Chengdu all reaching record highs. In the afternoon, the propylene oxide sector performed well, with Sinochem International surging to the daily limit and Hongqiang Co., Ltd. achieving 10 gains in 16 days.