A-share three major index collective red airline stocks rose
Sino-Singapore Jingwei client Friday, June 5 (5th), the three major A-share indexes opened higher, maintaining a narrow range of shocks, and all received red. In terms of themes, the airport shipping sector was strong throughout the day. Lithography and film and television stocks rose intraday. Large financial stocks rose in the afternoon, driving the index to pick up. Pharmaceutical stocks have strengthened for two consecutive days. The large consumer sector has weakened. Net red economic stocks have weakened.
Shanghai Stock Exchange's time-sharing chart. Source: Wind
As of the close, the Shanghai index rose 0.40% to 2930.80 points, with a turnover of 253.1 billion yuan, a cumulative increase of 2.75% this week; the Shenzhen Component Index rose 0.37% to 11180.60 points, with a turnover of 378.4 billion yuan, a cumulative increase of 4.04% this week; entrepreneurship The board index rose 0.70% to 2166.38 points, with a turnover of 127.8 billion yuan, a cumulative increase of 3.82% this week.
On the disk, the transportation services sector led the gains, aviation stocks rose sharply, and China Airlines' daily limit, China Southern Airlines, Eastern Airlines, Air China, Juneyao Airlines, Spring Airlines and other stocks have followed suit. The securities sector was active, brokerage stocks collectively rose in the afternoon, Zhongtai Securities daily limit, Huaxin shares rose nearly 8%, Hongta Securities, Caitong Securities, Tianfeng Securities, etc. closed up to varying degrees.
In addition, media and entertainment, hotel catering, semiconductors, telecommunications operations, petroleum, Internet, tourism, medicine, daily chemical industry and other sectors rose the most. The agriculture, forestry, animal husbandry and fishery sectors led the decline, the winemaking sector pulled back, and the commercial chain, food and beverage, public transportation, shipping, household goods, building materials and other sectors slumped.
In terms of concept stocks, RCS concept stocks made a comeback. China Taiyue and No. 100 Holdings daily limit, while Dreamnet Group, MMS, Zhongjia Bochuang and other stocks rose. Lithography machines, Tencent concepts, biological vaccines, smart TVs, e-commerce concepts and other sectors were active, while the sectors of seed industry, artificial meat, ecological agriculture, pork, and net red economy were among the top decliners.
In terms of individual stocks, 1,666 stocks rose, of which 137 stocks such as Rianlong, Yanchang Huajian, and Luzhou Laojiao rose more than 5%. 1987 stocks fell, of which 82 stocks such as Great Southeast, Xuerong Biological, Honghui fruits and vegetables fell more than 5%.
In terms of turnover rate, a total of 47 stocks have a turnover rate of more than 20%, among which BioAgent has the highest turnover rate of 63.6%.
As of the previous trading day, the balance of the Shanghai Stock Exchange’s financing was reported at 562.155 billion yuan, an increase of 5.845 billion yuan from the previous trading day. The margin balance was reported at 19.866 billion yuan, an increase of 8.887 billion yuan from the previous trading day. The financing balance of the Shenzhen Stock Exchange was reported at 508.689 billion yuan. This is an increase of 68.117 billion yuan from the previous trading day, and the margin balance was reported at 7.109 billion yuan, an increase of 4.282 billion yuan from the previous trading day. The balance of margin financing and securities lending in the two cities totaled 1.097819 trillion yuan, an increase of 87.124 billion yuan from the previous trading day.
From the perspective of the north-south capital flow of Shanghai-Shenzhen-Hong Kong Stock Connect, as of press time, the net inflow of northbound funds was 5.695 billion yuan, of which the net inflow of Shanghai Stock Connect was 3.709 billion yuan, the balance of funds on the day was 48.291 billion yuan, and the net inflow of Shenzhen Stock Connect was 1.986 billion yuan. The balance is 50.014 billion yuan; the net inflow of southbound funds is 1.052 billion yuan, of which the net inflow of Shanghai-Hong Kong Stock Connect is 307 million yuan, the balance of funds on the day is 41.693 billion yuan, the net inflow of Shenzhen-Hong Kong Stock Connect is 745 million yuan, and the balance of funds on the day is 41.255 billion yuan.
Soochow Securities said that the sector with the largest increase in capital going north in May from April was pan-consumption. From the perspective of performance, the EPS growth rate of the A-share consumer leader is indeed more stable, but due to the subsequent impact of the epidemic, the performance momentum of consumption is not very strong. Subsequent foreign investment preference for pan-consumption will be internally differentiated. Lower-priced home appliances, a part of liquor and food will still be attractive, but the preference for medical leaders and some food and beverage stocks with an excessively high valuation will decline.
Shanxi Securities believes that from the perspective of domestic macroeconomic fundamentals, the economy is recovering well. In the short and medium term, equity assets still recommend investors to avoid industries and companies that have high export dependence and extended supply chains. In the short term, the market will continue to oscillate upward, while the mid- to long-term upward trend will remain unchanged. (Sino-Singapore Jingwei APP)
(The opinions in this article are for reference only and do not constitute investment advice. Investment is risky and you need to be cautious when entering the market.)