Midday Report: The three major indexes fell with shrinking volume, the ChiNext Index dropped by 1.78%, and over 4200 stocks in the overall market were down.

As of midday, the Shanghai Composite Index fell 0.53%, the Shenzhen Component Index fell 1.15%, and the ChiNext Index fell 1.78%. The Beiching 50 Index rose by 1.3%. The total market turnover was 1.1968 trillion yuan, a decrease of 138.9 billion yuan from the previous day. In terms of sectors, the oil and gas and pork sectors had the largest gains, while the computing power and film and television sectors had the largest declines. On the market, the oil and gas sector opened high and rose steadily, with Blue Flame Holdings and Beiken Energy hitting their daily limit up. In terms of news, after Trump's statement on the Iran war, WTI crude oil surpassed $103 per barrel, rising 4.07% during the day. Brent crude oil surged by $4, now trading at $102.86 per barrel, up 4.06%. The pork sector strengthened, with Giant Star Agriculture rising by over 8% and Dayu Bio rising by over 7%. In terms of news, the Ministry of Commerce and other departments are conducting central reserve frozen pork storage. The computing power sector weakened, with Jinkai New Energy, Qunxing Toys, and Yocada all falling by over 7%. The film and television sector continued to decline, with Lianming Film and Television hitting their daily limit down, and Huayi Brothers and Bona falling by over 3%.