China and Singapore Jingwei Client on March 3rd. On Tuesday, the Shanghai and Shenzhen stock markets rallied and fell throughout the day. The GEM Index rose as much as 5% in early trading, but the stocks fell across the board in the afternoon, and the turnover of the two cities exceeded 10 trillion yuan for ten consecutive days. The net inflow of Shanghai Stock Connect was 2.3 billion yuan, and the net inflow of Shenzhen Stock Connect was 500 million yuan.

Source: Wind

As of the close, the Shanghai Composite Index was reported at 2992.90 points, an increase of 0.74%, and the transaction volume was 447.054 billion yuan; the Shenzhen Component Index was reported at 11,484.21 points, an increase of 0.9%, and the transaction volume was 728.95 billion yuan;

Except for insurance and chemical fiber, which fell slightly less than 1% in the industry sector, the rest rose across the board, with transportation facilities, aviation, mineral products, software services, and environmental protection leading the way.

Transportation facilities rose by 2.57%. Among them, the daily limit of Jinzhou Port, Lianyungang Port, and Nanjing Port, the Guangzhou Port rose by more than 6%, and Yantian Port, Zhuhai Port, and Shanghai Port Group followed suit.

The majority of the concept plates also rose, with seed industry, medical waste treatment, pest control, glyphosate, and artificial meat gaining the most gains; only titanium and aquatic products fell slightly by 0.06% and 0.03%, respectively.

The seed industry rose by more than 4%, leading the concept sector. Individual stocks rose across the board. Tsuen Yin Hi-Tech daily limit. Denghai Seeds and Sukenong rose more than 5%. Dabei Nong, Fengle Seeds, and Wanxiang Denong rose more than 4. %.

Overall, 2648 stocks in the two cities rose. Among them, 150 stocks such as Xiaocheng Technology, Donggang, Tianao Electronics rose more than 5%. 977 stocks fell, of which 9 stocks such as Golden Shield, Wuyang Parking, and Slaker fell more than 5%.

In terms of turnover rate, a total of 56 stocks have a turnover rate of more than 20%, of which CCCC has the highest turnover rate of 58.16%.

CITIC Construction Investment Securities said that with the continued advancement of work and the continuous strengthening of counter-cyclical policies, the macro policy environment is conducive to market recovery. At this stage, it is necessary to pay close attention to the impact of overseas epidemics.

Founder Securities said that the market expects the Fed's interest rate cut in March is a high probability event, and the Fed's ability to cut interest rates will give domestic central banks greater room for monetary policy to move. It is expected that the global economies will set off a new wave of interest rate cuts, and it will not even rule out that the United States will introduce further quantitative easing policies.

Looking ahead, Zhongyuan Securities predicts that it is more likely that the Shanghai Index will continue to challenge 3,000 points in the short-term, and the possibility that the GEM market will continue to rebound in the short-term.

Bohai Securities research report analysis, the A-share market is still difficult to say the end of the market, but under the repeated external events and frequent changes in policies, the market may maintain a high fluctuation characteristics. Short-term emotional fluctuations will bring overbought or oversold processes in the market. The more excited the market is, the more calm it should be, and the more panic the market should be, it should retain more confidence. (Zhongxin Jingwei APP)

(The opinions in this article are for reference only and do not constitute investment advice. Investment is risky and you must be cautious when entering the market.)