Sino-Singapore Jingwei client Friday, June 12 (Shanghai, Shanghai, Shenzhen and Shenzhen) both opened lower due to the plunge in the external market, and the two cities rebounded afterwards. The medical industry led the rise, the cloud game concept has been active, and the Shanghai index successfully recovered 2900 point mark, GEM index turned red again. Overall, the market opened lower and moved higher, and the downward momentum was better released.
As of press time, the Shanghai Composite Index reported 2909.73 points, a decrease of 0.38%, and the turnover was 159.251 billion yuan; the Shenzhen Component Index reported 11194.52 points, a decrease of 0.44%, and the turnover was 249.93 billion yuan; the GEM Index reported 2198.10 points, an increase of 0.09%.
Wind screenshot
On the disk, sectors such as forestry, tourism comprehensive, medical equipment, catering, and professional retail led the gains; animal health, components, airports, gold, and air transport sectors led the decline.
In terms of concept stocks, duty-free shop concepts, blind boxes, yesterday's daily limit, Xi'an Free Trade Zone, virus detection and other gains were among the top gainers, while titanium dioxide, PCB, wireless charging, Foxconn concept, and sugar were among the top decliners.
In terms of individual stocks, 1016 stocks rose, among which 93 stocks such as Lianhuan Pharmaceutical, ST Chongxing, and BTG Hotels rose more than 5%. 2,652 stocks fell, among which 28 stocks such as Zhanpeng Technology, Zhonggong High-tech, ST Biology and others fell more than 5%.
Huaxin Securities pointed out that in the recent period, the core reason for the strength of A shares was the continuous large-scale inflow of capital from the north, but after the first outflow of Shanghai Stock Connect, A shares began to weaken obviously. At present, the Shanghai stock index has fallen below the 5-day moving average, superimposing a large dive in overnight US stocks, which has a significant impact on the sentiment level of A-share investors.
Wanhe Securities believes that the overall monetary easing situation will not change, and a slight increase in short-term interest rates may promote the efficiency of the use of funds. The current environmental epidemic has gradually subsided within Europe and the United States. The European and American countries are all in the "post-epidemic" economic rehabilitation. The steady recovery of overseas economies has brought benefits to my country's economic restoration. At the same time, the gradual expansion of domestic demand has promoted the growth of demand. We believe that although the short-term liquidity tightening has slightly restrained the market, the overall situation is improving, and the market remains in a narrow range and gradually recovers. The industry can focus on consumption, new infrastructure, and securities firms. (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.)