ETF Midday Review | The oil and gas, Gold Sectors have surged, with two S&P oil and gas ETFs rising over 7%.

On June 13, according to Gelonghui, the three major A-share indexes collectively fell in early trading. By lunchtime, the Shanghai Composite Index was down 0.72%, the Shenzhen Composite Index was down 1.15%, the GEM Index was down 1.14%, and the North Star 50 Index was down 1.43%. The total trading volume of the All Market reached 936.1 billion yuan, an increase of 140 billion yuan compared to the previous day. More than 4,400 individual Stocks in the All Market fell. In terms of Sector themes, oil and gas, precious Metals, and nuclear pollution prevention sectors had the highest gains; sectors such as medical beauty, e-commerce, game media, and pharmaceuticals saw the largest declines. In the ETF market, the escalating conflict in the Middle East drove up oil and Gold prices. The Harvest Fund S&P Oil and Gas ETF and the Wells Fargo Fund S&P Oil and Gas ETF rose by 7.68% and 7.45%, respectively, while the China Construction Bank Fund Energy and chemical industry ETF increased by 5.03%. The Huatai-PineBridge Fund Oil and Gas Resource ETF and the Oil and Gas ETF from BOCIM saw gains of 3.43% and 3.21%, respectively. Gold prices rose back above 3,400 yuan, with the Industrial and Commercial Bank of China Rui Jin Fund Gold Stocks ETF and the Ping An Fund Gold Stocks ETF gaining 3.1% and 2.79%, respectively. Auto Stocks dropped across the board, with the Hong Kong Stock Connect Auto ETF, the Hang Seng Auto ETF, and the Hong Kong Auto ETF falling by 3.75%, 3.63%, and 3.4%. The innovative drug sector corrected, with the Science and Technology Innovation Biomedicine ETF, the Hong Kong Stock Connect Innovative Drugs ETF, and the Hong Kong Innovative Drugs ETF each down by 3%. The film and television sector weakened, with the Film and Television ETF dropping by 2.97%.